So, the Fed says the US economy and quarantining shut downs are inversely related. Duh!
What isn’t directly apparent is the economy of states that have more intense shut downs of personal and commercial activities than other states (i.e. Democrat governed states vs. Republican governed states) is more severely depressed than that of states with less intense shut downs of personal and commercial activities.
So, the Fed says the US economy and quarantining shut downs are inversely related. Duh!
What isn’t directly apparent is the economy of states that have more intense shut downs of personal and commercial activities than other states (i.e. Democrat governed states vs. Republican governed states) is more severely depressed than that of states with less intense shut downs of personal and commercial activities.