Monday in Whitewater will see scattered showers with a high of sixty-one. Sunrise is 6:02 AM and sunset 7:44 PM, for 13h 41m 17s of daytime. The moon is a waning crescent with 6.2% of its visible disk illuminated.
Whitewater’s Planning Commission meets via electronic conferencing at 6:00 PM.
On this day in 1972, the Apollo 16 lunar module lands on the moon.
Recommended for reading in full —
John Cassidy writes There Is No Panacea for the Coronavirus Economy:
But there is general agreement among economists that even under optimistic scenarios, where the rate of infection doesn’t shoot back up immediately, restoring the economy to health is going to be an extended and difficult task. “Absent a vaccine or treatment breakthrough, reopening will be gradual,” the economists at Goldman Sachs wrote this week. “Several other countries have taken steps toward reopening. We see three lessons from their experiences. First, initial reopening timelines often prove too optimistic. Second, even countries at the forefront of reopening have gradual and conservative plans. Third, recovery is easier and quicker in manufacturing and construction than in consumer services.”
Today’s American economy is predominantly a service economy, of course. Private-service industries, such as retail, finance, lodging, entertainment, and restaurants, contribute close to seventy per cent of the gross domestic product. Even if some restaurants do defy Romer’s prediction and reopen, they will have to meet social-distancing requirements, which will reduce their capacity. The same goes for airlines, hotels, gyms, and many other businesses. “No amount of stimulus spending is going to change those realities,” Shepherdson said. He is predicting that G.D.P. will plummet at an annualized rate of thirty per cent in the April-to-June quarter, before rebounding somewhat, but not fully, in the second half of the year. For 2020 as a whole, Goldman Sachs is predicting that G.D.P. will decline by more than five per cent.
“People are out and about at times of the day they weren’t out before,” Jennifer Toussaint, the chief of animal control at the Animal Welfare League of Arlington, says when I call her. “They were sitting in an office somewhere, so they didn’t notice that three deer come through their backyard at 11 o’clock each day.”
Animals spend years creating set paths that they follow to stay safe, she says. They probably haven’t changed their routines, but people have. And as a result, people are now getting to see what has always been happening around their neighborhoods.