Neel Kashkari has some questions about Lloyd Blankfein’s stance on ending coronavirus lockdowns.
The Minneapolis Fed President responded Friday to a tweet from the former Goldman Sachs Group Inc. chief executive officer that questioned whether the continued broad lockdowns are worth the economic pain.
"Hospitals are not overwhelmed; most of us will be exposed anyway since we can’t sequester until there’s a vax; and we know which groups need protection from worst outcomes. Is the public health benefit from broad lockdowns at this point worth such extreme damage to livelihoods?" Blankfein tweeted.
Kashkari asked how Blankfein would go about returning to normalcy himself.
“The people will determine the lockdown based on their own sense of safety,” Kashkari said.
"Genuinely curious, Lloyd: are you going back out to movie theaters, restaurants and commercial planes? Or are you sequestering until there’s a vax since you are in high risk age group?"
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