Jeff Bezos thinks the US economy is still not ready to start reopening

%name Jeff Bezos thinks the US economy is still not ready to start reopening by Authcom, Nova Scotia\s Internet and Computing Solutions Provider in Kentville, Annapolis Valley
  • The US economy needs to significantly scale up its ability to test a much bigger chunk of the American population in order to reopen and start getting back to normal in the wake of the COVID-19 coronavirus.
  • That’s according to Amazon CEO Jeff Bezos, who made the point in his newly published and always widely-read annual letter to shareholders.
  • During the coronavirus crisis, Amazon has been relied on — but also tested — more than ever before as customer needs of household essentials, among other products, has skyrocketed.
  • Visit BGR’s homepage for more stories.

The chief executive of the sprawling Internet retailer that’s effectively propping up much of the US retail sector right now doesn’t think the country, which is still reeling from the effects of the coronavirus, is ready to reopen in a major way yet.

Amazon CEO Jeff Bezos, in his newly published annual letter to shareholders, notes that regular testing “on a global scale, across all industries” is what would best help keep people safe going forward and go a long way towards getting the economy back up and running. For this to work, though, we need significantly more testing capacity than is available right now, he stresses.

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Jeff Bezos thinks the US economy is still not ready to start reopening originally appeared on on Thu, 16 Apr 2020 at 22:04:22 EDT. Please see our terms for use of feeds.

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