Hacker News new | ask | show | jobs
by N1H1L 1759 days ago
> Building more hospitals is a long-term process. Training medical personnel is a long-term process. Emergency measures intended to bridge the gap are untenable politically, and people are dying because of it. Thousands of them per day.

It's like the whole chip shortage thing. Most people ask why aren't we building more chip-building plants? The answer is we are doing that, but it takes billions of dollars and a lot of trained manpower to set up such a factory, and all of that takes a lot of time.

These are what are called in economics as highly inelastic supplies, which it seems is unknown to many commentators, who BTW have a habit of quoting Econ 101 in every discussion.