St. Louis Post-Dispatch Business Columnist David Nicklaus quotes Federal Reserve Bank President James Bullard that universal testing for COVID-19 would be the best way to get the U.S. economy back up and running.
Bullard, speaking on a conference call organized by the St. Louis Regional Chamber, said closing nonessential businesses “is appropriate for now but it’s a crazy inefficient policy. You don’t really want to go back to this quarantine policy in the future if you don’t have to.”
He said that after coronavirus infection numbers start to drop, but without a vaccine available, the nation’s goal should be to get healthy workers back on the job while keeping the public safe.