1/2 Absent major technological breakthrough before fall (effective drugs) American life won’t normalize, economic activity won’t snap back. Which makes it frustrating why policy makers seem oddly unfocused about getting the kinds of therapeutics that should be obtainable.

2/2 If we can’t get a very effective medicine cabinet by Summer, and sharply reduce the threat from #COVID19, then the alternative will be to start considering what Fall looks like when we can only operate at a 75% economy — and take more steps now to mitigate ensuing hardships.