This article originally appeared on Fox News on April 19, 2020.
It’s time to start getting things back to normal after weeks of unprecedented national sacrifice to stop the coronavirus from spreading.
President Trump has wisely unveiled a comprehensive three-phase plan to gradually reopen the economy while safeguarding our hard-won public health victories.
Contrary to what House Speaker Nancy Pelosi, D-Calif., and her ilk would have you believe, no one wants to rush this. But it’s important to acknowledge some need for urgency. A recent article from the Johns Hopkins University Coronavirus Research Center described the situation accurately and succinctly: “the virus is lethal; but so is poverty.”
In this respect, the president’s plan is great news for all Americans. In the early 1960s, famed economist Milton Freidman first recognized that the deeper the recession, the faster and stronger the recovery.
The current economic crisis is deep, but we should bounce back resoundingly once the crisis abates. This is particularly true since a pandemic caused this crisis, not any underlying problems with our economy.
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