Neel Kashkari, president of the Federal Reserve Bank of Minneapolis, called for a nationwide economic shutdown for up to six weeks to get the coronavirus pandemic under control on Friday, warning that the rest of 2020 could be much worse than what America has experienced so far.
"The next six months could make what we have experienced so far seem like just a warm-up to a greater catastrophe. With many schools and colleges starting, stores and businesses reopening, and the beginning of the indoor heating season, new case numbers will grow quickly," Kashkari wrote in a New York Times op-ed with Dr. Michael T. Osterholm, the director of the Center for Infectious Disease Research and Policy at the University of Minnesota.-- More...
