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Wednesday, April 29, 2020

Business Roundtable and Economic Opening Plans-President Briefing April 29th, 2020

The President's April 29th, 2020 Briefing was excellent today in a way that discusses how the leading "thinkers" of today's American economy are coordinating to create a stronger and new economy. What is most inspiring is that there is an opportunity to get all of these businesses (Business Roundtable) sailing in the same direction. The Business Roundtable members discussed how they are going to reopen the economy.

What is the Business Roundtable?

According to their website, "Business Roundtable members are the chief executive officers of leading U.S. companies. Collectively, they represent every sector of the economy and bring a unique and important perspective to bear on policy issues that impact the economy. Roundtable members are thought leaders, advocating for policy solutions that foster U.S. economic growth and competitiveness."

They are a serious group of economic players that have significant influence on how our economy will function and grow.

There was some discussion on a phased approach to opening

 Benchmarks:
1. Disease Growth
2. ICU Capacity
3. Testing Capacity

The post office will likely be reformed with a board of governors that are looking into solutions.

The President hopes that a new normal will be the old normal someday. It may take time but this virus will eventually go away and be eradicated.

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