The number of daily new coronavirus cases has increased in the U.S.
Goldman Sachs told clients
Jan Hatzius, Goldman's chief economist, said a national mask mandate could raise the percentage of people who wear masks by 15 percentage points and found that the rule could substitute for lockdowns that would subtract nearly 5% from GDP growth.
Goldin has been predicting a pandemic for several years, warning in his 2014 book "The Butterfly Defect" and a 2018 BBC series that a disease outbreak would be the most likely cause of the next global economic crisis.Britain's Prime Minister Boris Johnson speaks during a daily briefing to update on the coronavirus disease outbreak, at 10 Downing Street in London, Britain June 3, 2020.7:34 a.m. ET — U.K.
Promising to "build, build, build", Johnson announced plans to increase government infrastructure spending and to cut bureaucracy around construction and development. He compared his plan to former U.S. President Franklin D. Roosevelt's "New Deal" program of public works in the 1930s. –Director of the National Institute for Allergy and Infectious Diseases Dr.
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