The Biden Factor and Other Campaign Variables that are Difficult to Assess
The disease appears to be effectively boxed into the upper fifth of the population above the age of approximately 65. For those beneath that age, including almost the entire workforce, the risk is minimal and there is no reason to impose any restraints on them. Those who are vulnerable should know to take precautions and particular attention should be paid to those in homes for the elderly, where the incompetence of some state governments caused terrible problems in the early stages of the pandemic.
Trump should be able to open up the economy without a dangerous spike in fatalities; occurrences of the illness, since over 90 percent of people have mild or no symptoms, is not in itself worrisome.
Economic reopening should stoke up employment, income, investment, and spending, and this, linked to the heavy infusions of demand and inundation of liquidity, should generate spectacular economic growth.