Paul Blustein Via Brad DeLong
Particularly because we don’t live in the immediate vicinity of the nuclear plants, we’re confident that we’re as safe here as always — which is to say, extremely safe, the kind of safe that makes us comfortable sending our fourth-grader on a long train and bus commute to school, a fairly common routine here even for much younger children. Aftershocks, power outages, panic food-buying, long gasoline lines — this, too, will pass, and it’s hard to pity ourselves much given the misery that people along Japan’s northeast coast have endured since March 11.
If there is anything to worry about, it is that the perception of Japan as an unsafe country will inflict all kinds of economic and psychological damage. That would compound the tragedy it is enduring, hamper its ability to recover and elevate the challenges it faces just when it is most in need of support..