Can we please stop talking about “reopening” the U.S. economy? Probably not, because President Trump owns the national megaphone and won’t relinquish it, and the media have latched on to the term. But it is a lousy metaphor.
For one thing, there is no on-off switch. Swaths of the economy—restaurants, travel, retail shops—were already shrinking before governments ordered them shut, because people were afraid to dine, travel or shop. These fears will abate gradually, with the pace dictated by the course of the virus, not by...
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