Niall Ferguson, Columnist

America Is on the Road to Relapse Not Recovery

The U.S. isn’t following the example of countries that have shown what a “smart reopening” entails. 

Off course?

Photographer: Al Bello/Getty Images

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America is on the road. But is it on the road to economic recovery or a pandemic relapse?

Fans of “On the Road” — Jack Kerouac’s 1957 classic of beatnik literature — will recall that its giddy, low-punctuation style is sometimes a little hard to follow. The same might be said of the data Americans are currently generating, some of which undoubtedly points to a rapid (if not quite V-shaped) recovery, and some of which seems to indicate either a second wave of Covid-19 infections or simply the continuation of the first wave.