We had our chance to get this together years beforehand. We even had a chance to have lower impact interventions be effective 2-3 months ago.
There are no chances for light economic impacts now. Use lighter mitigation methods and productivity and demand will get hit by the illness and death itself, both the first order effects that hit those infected (which would be wider), and the second order effects as people improvise their own rightly fearful responses. The main difference you can count on is that the timing would move closer to the peak. AFAICT nobody has a clear model of whether it would be better or worse.
There are no chances for light economic impacts now. Use lighter mitigation methods and productivity and demand will get hit by the illness and death itself, both the first order effects that hit those infected (which would be wider), and the second order effects as people improvise their own rightly fearful responses. The main difference you can count on is that the timing would move closer to the peak. AFAICT nobody has a clear model of whether it would be better or worse.