It appears that the Trump administration will soon be facing scrutiny over its push for states to lift stay-at-home orders and re-open businesses in favour of gaining momentum for the US economy. The state of Texas, which began its re-opening on May 1, as a result has seen a steady surge in coronavirus hospitalizations.
According to the Texas Department of State Health Services, Wednesday saw the third day record-breaking COVID-19 hospitalization numbers with 2,153 patients. The tally has been growing steadily since Monday, which saw a total of 1,935 hospitalizations, followed by a total of 2,056 hospitalizations on Tuesday. Despite the soaring infection rates among the population, Texas Governor Greg Abbott went ahead and issued the executive order for the state’s third phase of re-opening.
Coronavirus hospitalization numbers serve as a key indicator regarding the status of the outbreak. Scientists are able to gauge infection severity, as well as the effectiveness of coronavirus mitigation policies. As the virus continues to spread across the state, and ultimately the country, there will most likely be a slew of scrutiny from infectious disease experts and US lawmakers.
Sponsored · Selkirk Copper Mines
The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.
Bond Junkies: Federal Reserve to Start Buying High Yield Corporate Bonds
In the duration of a month, over 16 million of unemployed Americans have been desperately...