The governors of California, Oregon and Washington issued travel advisories Friday urging people entering or returning to their states to self-quarantine to slow the spread of the coronavirus as infections spike across the U.S.
The advisories stopped short of stricter rules imposed by other governors and instead said people should avoid non-essential out-of-state travel and quarantine for 14 days after arriving from another state or country.
Dr. Michael Osterholm, a coronavirus advisor to President-elect Joe Biden, said that a 4-6 week lockdown that shut down businesses and compensated workers for lost wages may curb the spread of the virus and get the economy on track until a vaccine is approved and distributed.
Osterholm, the director of the Center of Infectious Disease Research and Policy at the University of Minnesota, told Yahoo Finance Wednesday that the strategy would help decrease daily case counts and hospitalizations until an effective vaccine arrives.
Estimated costs of the coronavirus pandemic are in. The results are not pretty.
A new study co-authored by Harvard economist David M. Cutler and former World Bank chief economist Lawrence H. Summers places the costs of the COVID-19 pandemic north of $16 trillion.