You can't trust squat out of a China mouthpiece, no question. That said, people getting worked up about China trying to keep a lid on it is more than a bit hypocritical ... as in 194 countries agreed that protecting trade and tourism was more important than public health. I keep going back to this:
https://pandemic.substack.com/p/the-2005-decision-that-made-the-2020
It's pretty clear 194 countries wanted to be the beach town mayor in
Jaws, and China drew the lucky card this time.
That is absolutely true, which is why the impacts on the USA are much more uneven ... but seem to be evening out more over time though. But South Korea is still 50 million people, which is bigger than California. So it's not Singapore. And they have population density to boot, which is probably the very biggest determining factors in the spread of the disease ... at least at these initial stages.
The fascinating thing to me about South Korea is that around late February when China had administered about 200k tests, South Korea managed to do 30k tests in its first few days of testing... as it was just getting off the ground. Meanwhile the US had only done about 420 and probably didn't reach the 30k mark in that timeframe until a couple of weeks ago.
The IRS/PPP stuff helps. But we also need people to have basic access to healthcare to keep the wildfires from spreading. Repealing Obamacare without anything close to a replacement is going to keep the economy shut down more severely and for longer.
And that story about the fundamental, almost Bayesian-like, assumptions of existing conditions for Keynesian economists only reminds me of: