The Economy vs Pandemic Debate

Article from CNN lay out the problem.

https://www.cnn.com/2020/05/03/politics/white-house-economists-covid/index.html

“The No. 1 rule of virus economics is, go stop the virus if you want to fix the economy,” says Austan Goolsbee, a former economic adviser to President Barack Obama. He suggested that White House economists pore over state-by-state data to identify the best ways to halt epidemic spread.

Success would preserve the possibility of the rapid “V-shaped” recovery that the Trump administration has embraced as its objective. The quest to achieve it has led Trump to allow federal guidelines to expire and goad governors into re-opening their states for business despite warnings from public health officials of resurgent infections.

A " V-Shaped" recovery. Other possibilities are U-shaped, W and even L.