COVID-19 Increases Throw Wrench in Re-Opening Economy

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"Coronavirus" (Public Domain) by Muenocchio

Due to coronavirus and the subsequent shutdowns, our nation is working hard to re-engage our economy. This means reopening businesses, getting people back to work, and otherwise allowing the free market to work.

Unfortunately, the reopening of America is not going off smoothly or without a hitch. As a matter of fact, coronavirus increases are posing as a major threat. New spikes in COVID-19 arrive after massive Black Lives Matter protests and riots across the nation; many of these demonstrations are still happening.

 

States with certain spikes in COVID-19 are now dialing things back, explains Washington Examiner. Additionally, media figures and personalities are giving more credence and attention to a potential “second wave” of coronavirus.

Reviewing COVID-19 Increases and their Impact on the Economy

Increases of coronavirus are being reported in the following states: Arizona, Texas, Florida, California, South Carolina, North Carolina, etc.

These increases have led critics of re-engaging the economy to pile onto governors who implemented reopening plans; additional consequences include businesses scaling back operations.

In Phoenix, Arizona, reservations for restaurants have fallen by a whopping 60%. A similar story applies in Houston, Texas where reservations are now 70% lower than they were before newly reported cases of coronavirus.

A Negative Downward Spiral

Fewer reservations to restaurants in different cities are only part of the negative, downward spiral.

Hospitalizations in Miami, Florida are also rising; meanwhile, flight searches to places like Miami and Austin, Texas are facing declines as well. Many people are concerned about what presents as a higher probability of catching COVID-19.

With the increase in coronavirus cases, elected officials are facing pressure to take action. This has engendered a wave of new mandates for Americans to wear face coverings in public. The issue of face mask requirements still remains notably controversial.

Some Americans suffer from medical conditions that pose a challenge to mask-wearing. Others have issues with the government “requiring” them to cover their faces; people with this concern largely don’t believe that government mandates will stop with face coverings if enough people don’t push back.

As face mask “requirements” increase, so does resistance against them. Yesterday, Guy Phillips, a Scottsdale, Arizona councilman, held a rally in protest against compulsory face masking.

What do you think about reports of rising coronavirus cases across the nation? How do you think this will impact the return of businesses and the economy? Share your thoughts with us down below in the comments section.