re: #202 Belafon

re: #202 Belafon

Justin Wolfers
✔
@JustinWolfers
This is stunning: Nearly half of the Q1 decline in GDP can be attributed to healthcare, which is presumably delaying of elective procedures.

It’s a strange reality that in the midst of a pandemic, we have a healthcare-led recession.

One of my doctors was complaining about this last month. The hospital that he’s affiliated with has shut down pretty much everything that isn’t related to covid-19. He was angry about how much financial damage that was going to cause the hospital.