I've been listening to some people I know in the medical field talk about this report, and here is the main takeaway: If we are lucky, we will have a vaccine tested, produced, and distributed in 18 months. If we keep the country shut down, we can probably go back to normal after about two months, but then we'll need to shut down again a month later, continuing this cycle of two months off, one month on, for a year and a half. Basically, we have to take 6 months worth of social and economic activity, and spread it out over 18 months.
I'm still hopeful that we can mitigate that economic hit by finding new ways to do things. I mentioned elsewhere about a potential boom in carryout business that might help keep restaurants afloat, for example. But no matter how you slice it, what the experts are telling us to prepare for is...sobering to say the least.