• About
  • Advertise
  • Careers
  • Write for us
  • Contact
  • Terms of service
Thursday, May 26, 2022
The Millennial Source
TMS
Home WORLD

Fauci claims that the economy could start reopening in May

April 12, 2020
in WORLD
Source: NYMag

Source: NYMag

Share on FacebookShare on TwitterShare on Linkedin



According to the United States’ top infectious disease expert, Dr. Anthony Fauci, the United States’ economy could open as early as next month. 

Speaking to CNN, Fauci said that the reopening of the economy would be a gradual process that is largely based on the status of the pandemic in various parts of the US and the availability of rapid, widespread testing. Fauci then went on to state that he “can’t guarantee” that it would be safe for Americans to vote in the upcoming US election. 

Some states may reopen as soon as May, with Fauci acknowledging that as soon as restrictions across the country ease, there will be an increase in people getting infected, calling that “just reality.”

So far, Trump has been pushing to reopen the economy as unemployment climbs, consumer prices fall and talk of economic recession dominates on both a national and a global scale. 

With social distancing guidelines set to expire at the end of this month, Trump has stated that he will be making a decision on whether or not to reopen the country “fairly soon.”

This follows an interview on Fox News on Saturday where Trump said that he would use “facts and a lot of instinct” to make his decision. 

How it would look

Speaking to CNN, Fauci stressed that the reopening of the economy would not be a “light switch that we say, OK, it is now June, July or whatever, click, the light switch goes back on.

“It’s going to be depending (on) where you are in the country, the nature of the outbreak that you have already experienced, and the threat of an outbreak that you may not have experienced.

“I think it’s going to have to be something that is not one size fits all.” 

Push back from state governments

In an interview with CNN, national correspondent Kristen Holmes reported that, up to now, Trump has for the most part avoided making decisions on how to respond to the pandemic, largely leaving such decisions up to the states.

“President Trump himself did not issue any sort of national stay-at-home order… in fact he said that was the job of the governors.”

Maryland’s governor, Larry Hogan, has announced that the reopening of the state will largely depend on tests and that he has not set an “artificial deadline” on when that may happen. 

New Jersey’s governor, Phil Murphy, shared a similar sentiment. 

On CNN’s “State of the Union,” Murphy said, “I fear, if we open up too early, and we have not sufficiently made that health recovery and cracked the back of this virus, that we could be pouring gasoline on the fire, even inadvertently.”

[article_ad]

Have a tip or story? Get in touch with our reporters here! 

Sign up for daily news briefs from The Millennial Source here!

Related

Tags: North AmericaShort read
ShareTweetShare

Latest Posts

SEC Wall Street

The US SEC investigates Wall Street over use of unapproved messaging apps

May 19, 2022
US recession

There is a “very, very high risk” of a US recession, says Goldman Sachs Chairman Lloyd Blankfein

May 17, 2022
interest rates

US hikes rates by half-percentage point, rules out bigger future rate increases

May 5, 2022

What is the US Supreme Court abortion law leak, and why does it matter?

May 4, 2022

What you need to know about Pelosi’s secret trip to Kyiv

May 2, 2022

Warren Buffett is on a spending spree putting US$41 billion to work this quarter

May 2, 2022

Fed Chair Powell flags sharp rate hike next month

April 22, 2022

Goldman warns of a rate hike until inflation settles

January 23, 2022

Plan a weekend getaway at these 6 perfect lake destinations

October 12, 2021

SUBSCRIBE TO THE TMS NEWSLETTER

By providing your email, you agree to our Privacy Policy

The Millennial Source Ltd. 2021

No Result
View All Result
  • Your daily briefing
  • About us
  • Explore
    • Startups
    • Climate change
    • Tech giants
    • Crypto
    • The future of work
    • Banking giants
    • Economy
  • Lifestyle
  • TMS archives
  • Write for us
  • Contact
  • Privacy Policy & Terms

© 2022 The Millennial Source Ltd.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

We are using cookies to give you the best experience on our website.

You can find out more about which cookies we are using or switch them off in settings.

string(24) "jsonld single post debug"
The Millennial Source
Powered by  GDPR Cookie Compliance
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.

Strictly Necessary Cookies

Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings.

If you disable this cookie, we will not be able to save your preferences. This means that every time you visit this website you will need to enable or disable cookies again.