Well to a large extent that’s policy driven as well. The media have been pounding the message safer at home unrelentingly for weeks. Make no mistake, the virus is real, it is far more deadly than the flu, and while there’s no natural experiment it’s likely the lockdown saved lives.

That being said, the messaging hasn’t been calibrated very well.

Everyone talks about the post 9/11 “security theater” of the TSA, but because we’re unable to reasonably assess the threat, today we’ve got equivalent public health theater, but the TSA is us.