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> In 2020, the economy is shutting down because we shut it down. “We” didn’t shut the economy down. Governments used (threats of) violence to shut it down.
by burrows 6y ago
> In 2020, the economy is shutting down because we shut it down.
“We” didn’t shut the economy down. Governments used (threats of) violence to shut it down.
- seppin 6y agoIf you are referring to the US shutdown, there are no punishments or even fines currently for violating shelter in place orders. If you're just seeking to contextualize this in some libertarian dystopian manner, move on.
- Leherenn 6y agoSweden, which has pretty much no lockdown to speak of, is expecting a massive drop (-4.2%) in GDP this year. https://www.government.se/497453/globalassets/government/dokument/finansdepartementet/pdf/varbudget-2020/key-indicators-forecast-15-april-2020.pdf https://www.government.se/497453/globalassets/government/dok... I think this is comparable with economies with a lockdown. The economy was going to be shut one way or another.
- fidelramos 6y agoEven countries with no lockdown will see their exports hurt, damaging their economies.
- _delirium 6y agoDomestic demand as well. Sweden hasn't formally closed wide ranges of things, but many Swedes have chosen to avoid them anyway. For example, restaurants are open, but their business is way down.
- burrows 6y ago> The economy was going to be shut one way or another. That might be true. But there is an ethical difference between choosing to sleep at 9pm and an 8.30pm government enforced Ambien.