Tuesday, April 21, 2020
Necessary Risks
An economy cannot remain closed forever and remain an economy. That is the conundrum facing the nation's governors and CEOs. They have to take necessary risks to open again and hope they don't err in the face of an insurgent coronavirus. Without adequate testing, they cannot know whether they are aiding or harming their states and companies. They have to guess and the pressure to make correct decisions is enormous. These are times when leaders show their value. They risk disaster but also can achieve success, if they have chosen correctly. They will analyze data, talk to experts, do everything they can to educate themselves, but a clear answer won't be there. At some point, they will have to leap into the unknown. It won't be easy for workers to return to their jobs without knowing if the person next to them is a carrier of the disease. Leaders will have to recognize and plan for that. Precautions are in order, but the initial decisions to open their states and companies will still be difficult and fraught.
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