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Position: Economy or Health – (Still) a False Dilemma

Grafikoni konkurentnosti realnog sektora Srbije

That these days at the crisis headquarters meetings, the economic cost of tightening measures and health are being weighed – is a false argument. A month of these current measures means a loss of less than 0.8% of GDP, or about 350 million euros. For those affected – such as restaurateurs or retailers, and their suppliers – it is significant. For some, up to 100%. But this loss, the whole amount and not just net minimum wages, could be covered by 2/3 of the subsidies announced in February. Instead, for the third time since last March, subsidies are being distributed to everyone, even those who do not need them, and less than 1/8 will be distributed to this group of entrepreneurs. The political implications of health measures and the political implications of the increasingly likely implosion of the health system are primarily at stake. Aleksandar Vučić weighs these alone. Everywhere, without a doubt, the political factor plays an important role in lockdown decisions. No one likes demonstrations, and they do not help in controlling the epidemic. The problem is that in our case, the political factor plays a predominant role precisely because one person makes the decisions. Aside from his personal preferences. The problem is structural. 

The entire text can be found at the link below. 

Economy or health – a false dilemma (still)

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