Friday, March 06, 2020

CNBC’s Rick Santelli Suggests Giving Everyone Coronavirus to Spare the Economy

I expect Wall Street to lead on this:
Everyone in America should be given the coronavirus so the economic impact of the outbreak can be lessened, CNBC on-air editor Rick Santelli suggested Thursday.

But what he left unsaid was that such an approach could result in more than 11 million Americans dead.

Santelli, who is widely credited with helping spark the so-called tea party movement in 2009, made the attention-grabbing COVID-19 comments in a conversation with “The Exchange” anchor Kelly Evans, who asked the volatile, Chicago-based Santelli what the catalyst had been for the recent chaos on Wall Street.

...Santelli continued: “Of course, people are getting nervous. And listen, I’m not a doctor. I’m not a doctor. All I know is, think about how the world would be if you tried to quarantine everybody because of the generic-type flu. Now I’m not saying this is the generic-type flu. But maybe we’d be just better off if we gave it to everybody, and then in a month it would be over because the mortality rate of this probably isn’t going to be any different if we did it that way than the long-term picture, but the difference is we’re wreaking havoc on global and domestic economies.”

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