Nobel Prize-winning economist Paul Romer says for the US to return to normal by the summer every single person needs to be tested, which will cost $100 billion - Creak News

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Nobel Prize-winning economist Paul Romer says for the US to return to normal by the summer every single person needs to be tested, which will cost $100 billion

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Nobel Prize in Economic Sciences laureate Paul M Romer from US iin December 2018 in Sweden.Christine Olsson / AFP / Getty

  • Nobel Prize winner Paul Romer says the government should test every person in the US for coronavirus every two weeks and isolate those who test positive if the country wants to revert to normal this summer.
  • He said it would probably cost about $100 billion, which might sound like a lot but isn't in comparison to what Congress has already spent — about $2 trillion — on dealing with the coronavirus.
  • He told The Washington Post: "It's totally in our control to fix this. We should be spending $100 billion on the testing. We should just get it going. It's just not that hard."
  • Visit Business Insider's homepage for more stories

A Nobel Prize-winning economist is calling on the government to test every person in the United States for the coronavirus to get the country back to normal this summer, for a cool $100 billion. 

Paul Romer, a former World Bank chief economist who won the Nobel Prize in 2018 for modeling the US' and global economies, told The Washington Post the government should test every person every two weeks and isolate those who tested positive.

See the rest of the story at Business Insider

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