Friday, May 22, 2020
Coronavirus lockdowns have 'destroyed millions of livelihoods' but failed to alter the course of the pandemic given many US states have seen lower infection rates after easing restrictions, a JP Morgan study has claimed.
The statistical analysis has raised questions about the effectiveness of the lockdowns put in place across much of the United States two months ago to stop the spread of COVID-19.
It suggests that the lockdown measures have not only resulted in economic devastation but could have also resulted in more COVID-19 deaths.
The strict stay-at-home measures put in place by the governors of most states in mid-March has so far seen nearly 39 million American lose their jobs and forced businesses to close.
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This is appalling but not surprising.