[W]ith all due respect, Gates has been thinking about, and actively working to prevent, pandemic outbreaks for years now, with his foundation spending huge amounts of money on the topic. Being rich doesn't mean you magically can't understand poverty.
The statement is true, the economic pain of shutting down the entire country for a couple of months would have been vastly cheaper than the long period of collapsed economic activity that is occurring because of our vastly insufficient response to the virus. We are paying a far higher price, for far longer, than if we had been more aggressive in combating it. We should have shut down everything we could instead of as little as we did, and built extensive contact tracing and testing capacity while we were shut down.
It was obvious in [F]ebruary that it was going to have to happen, we are now far enough along that we could have been on the recovery side of things rather than just getting started on the economic devastation and loss of life.