Daily Bread for 4.15.20 | FREE WHITEWATER
FREE WHITEWATER

Daily Bread for 4.15.20

Good morning.

Wednesday in Whitewater will be cloudy with a high of forty-one.  Sunrise is 6:10 AM and sunset 7:38 PM, for 13h 27m 39s of daytime.  The moon is a waning crescent with 44.7% of its visible disk illuminated.

Today is the one thousand two hundred fifty-fourth day.

The Whitewater Unified School District’s board meets tonight at 6:30 PM briefly in open session, then entering closed session until returning in open session at 7:00 PM. The 7:00 PM open session will be available via Zoom Online.

On this day in 1861, Wisconsin receives a call to send soldiers: “Governor Alexander W. Randall received a telegram from Washington requesting one regiment of 780 men to serve the Union for three months in the Civil War. Within a week ten companies, from Kenosha, Beloit, Horican, Fond du Lac, Madison, and Milwaukee were ready.”

Recommended for reading in full —

 Emily Badger reports Cities That Went All In on Social Distancing in 1918 Emerged Stronger for It (‘They had lower mortality rates from the influenza pandemic. But their economies also appeared to fare better’):

As the first local influenza deaths were counted in the fall of 1918, officials in Minneapolis moved quickly — more aggressively than even state health officials thought was wise — and shut down the city. They closed schools, churches, theaters and pool halls, effective midnight on Oct. 12.

Across the Mississippi River, St. Paul remained largely open into November, with its leaders confident they had the epidemic under control. Fully three weeks after Minneapolis — with The St. Paul Pioneer Press pleading “In Heaven’s Name Do Something!” — St. Paul ordered sweeping closures, too.

Both cities, relative to the worst-hit parts of the country, escaped steep death tolls. But the mortality rate in Minneapolis was considerably lower than in St. Paul. And as researchers today look back on those interventions, it appears the economy in Minneapolis emerged stronger, too.

The comparison between the Twin Cities is instructive today not just for what it tells us about the health benefits of social distancing, but also for what it says about any economic costs that come with it.

In 1918, cities that committed earlier and longer to interventions like banning public gatherings and closing schools didn’t fare worse for disrupting their economies for longer. Many of those cities actually had relatively larger gains in manufacturing employment, manufacturing output and bank assets in 1919 and into the next few years, according to a new study from researchers at the Federal Reserve and M.I.T. This is particularly clear among Western cities that had more time to prepare for a pandemic that hit the East Coast first.

Eswar Prasad and Ethan Wu write Anatomy of the coronavirus collapse:

But there is good reason to worry that the world economy is heading into a deep, protracted recession. Much will depend on the pandemic’s trajectory and whether policymakers’ responses are sufficient to contain the damage while rebuilding consumer and business confidence.

But a rapid recovery seems highly unlikely. Demand has been ravaged, there have been extensive disruptions to manufacturing supply chains, and a financial crisis is already underway. Unlike the 2008-09 crash, which was triggered by liquidity shortages in financial markets, the COVID-19 crisis involves fundamental solvency issues for firms and industries well beyond the financial sector.

Institutions Look for Creative Solutions to Ventilator Shortage:

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