Wednesday, April 29, 2020

Sick

Hot Air: "Gulp: Q1 GDP Plunges 4.8% In COVID-19 Economic Meltdown."

This is an amazing stat, though:
This is stunning: Nearly half of the Q1 decline in GDP can be attributed to healthcare, which is presumably delaying of elective procedures.

It's a strange reality that in the midst of a pandemic, we have a healthcare-led recession.
Healthcare is such a huge part of our economy, a little slowdown in hip replacements (I guess) makes for a big dip.

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