President Trump has announced new guidelines in an effort to stem the flow of coronavirus infections in the United States.
White House recommendations include avoiding social gatherings of more than 10 people for at least the next 15 days, closing schools, avoiding travel unless necessary, and not frequenting bars, restaurants, and other social activities where people congregate.
The president said at a one-hour briefing for reporters, “As we combat the virus, each and every one of us has a critical role to play in stopping the spread and transmission of the virus.” When asked how long the pandemic could be expected to last, he replied it could be several months or even longer.
“It seems to me if we do a really good job, we’ll not only hold the death down to a level that’s much lower than the other way had we not done a good job, but people are talking about July, August,” he said.
“If everyone makes this change or these critical changes and sacrifices now,” the president said, “we will rally together as one nation and we will defeat the virus and we’re going to have a big celebration all together.”
Drastic measures needed to slow infection rates from the virus will also slow the economy, something almost impossible to avoid.
The S&P 500 fell nearly 12 percent on Monday and global oil prices slid below $30 a barrel, a four-year low.
“We’re calling the recession,” said Gregory Daco, chief U.S. economist at Oxford Economics, according to The New York Times. “We have the three elements to make that call—a profound, pervasive, and persistent contraction in economic activity.”
For the first time since World War II, the Kentucky Derby will not take place on the first Saturday in May. The Derby usually gives the economy a boost of around $400 million each year.
The New York Times reported that scientists involved with tracking the spread of the coronavirus reported on Monday that, for every confirmed case, there are most likely another five to 10 people in the community with the infection who are unaware they have the virus.
Click here for a list of the new guidelines to help stop the flow of the virus. If everyone plays their part and we all work together, we can defeat it.