Corona Virus may hit Florida, Nevada economies the hardest
Category: News & Politics
Via: krishna • 6 years ago • 5 commentsBy: Reuters vis Fox News
Enforcing measures such as "social distancing" and banning large gatherings will hurt economies in the short-term. But it will be better in the long-run and its slows the spread of the disease.
Spring Break in South Florida (Miami Herald)
Florida beaches remained packed with partying college students as the coronavirus crisis gathered force, and the Republican governor was slow to impose social distancing in a tourist-dependent economy.
That may come back to haunt the U.S. state - and not just in the form of a sky-rocketing case load. According to a newly released study by Oxford Economics, Florida is among the states most vulnerable to the economic shock being caused by the pandemic .
Oxford ranked the 50 U.S states and Washington D.C. using 10 measures its economists felt could make a local economy more vulnerable, including the share of the population over 65, dependence on retail sales, and the importance of the tourist industry.
Florida is the only heavily populated state near the top of the list. The state's COVID-19 case load topped 10,000 last week and it is adding a thousand cases a day.
Governor Ron DeSantis imposed a statewide "stay at home" order that took effect Friday, weeks after some U.S. states.
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Oxford ranked the 50 U.S states and Washington D.C. using 10 measures its economists felt could make a local economy more vulnerable, including the share of the population over 65, dependence on retail sales, and the importance of the tourist industry.
Florida is the only heavily populated state near the top of the list. The state's COVID-19 case load topped 10,000 last week and it is adding a thousand cases a day.
Except for churches and other religious gatherings. They are also exempt from social distancing recommendations.
Currently, we are at over 14,000 cases.
Florida has the highest number of seniors in the country. 20.5 % of the population of FL are seniors which are the most likely to have serious problems if they develop coronavirus.
DeSantis did not close the beaches or issue an order to stay at home until the virus was exploding. Some of the mayors closed the beaches in their town/city. DeSantis also exempted the churches/temples from having to observe the rules. This has already become a problem.
Yeah, this is a bummer for tourism. I had plans to go to Vegas next week, but obviously that won’t happen for a while, now.