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If Swine Flu goes pandemic, could make recession two to three times worse



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Good thing the Republicans weren't in power. I'm sure those tax cuts would help a lot of people in the unemployment line. Washington Post:

The impact in the United States would be far greater in the case of a larger-scale pandemic, with the worst-case scenario akin to what happened during the Spanish flu of 1918, which killed tens of millions of people worldwide. A 2006 report from the Congressional Budget Office estimated a pandemic, depending on its severity, could cost the United States between 1 percent to 4.1 percent of annual economic output. Given that the U.S. economy is expected to shrink by 2.8 percent this year, a pandemic could lead to a contraction of 3.9 percent to 6.9 percent as consumer demand and worker productivity suffer further.
All snark aside, the business of politics is deadly serious. It's not just a game. And it's not just about winning. We lead this life for a reason. To try to help people, to try to make our country and our world a better place. It is already very scary, the world we live in. I shudder to think what would have happened, how bad things would be permitted to get, if the Republicans in their current form - extreme and ultra-political - would have been in power in the White House and Congress as all this was going down.


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