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Lockdowns do not destroy the economy. Anti-maskers destroy the economy, by decreasing the effectiveness of lockdowns, and making them a chronic rather than acut
by praestigiare 6y ago
Lockdowns do not destroy the economy. Anti-maskers destroy the economy, by decreasing the effectiveness of lockdowns, and making them a chronic rather than acute necessity.
- Mediterraneo10 6y agoThe relationship between COVID and the local economy is highly country-dependent. For example, several Balkan countries’ economies are very dependent on their diasporas (and the occasional tourists) driving/flying back and spending loads of money earned in the West. This is why even now they have remained open to travelers and avoided hard lockdowns, even if COVID deaths might result. And then there are countries where the economy is based on resource extraction. Only a relatively tiny amount of people is necessary to work the oil and gas industry, or whatever, and thinktanks have sometimes bluntly referred to all the remaining millions of people as "superfluous population". So, whether you let COVID spread or not has little overall effect on the economy.
- armagon 6y agoI live in Alberta, Canada, which is heavily reliant on resource extraction -- namely, oil. With all the lockdowns (and people voluntarily staying at home), demand for oil has tanked. If there weren't lockdowns (and people were travelling again), our economy would be doing much better. [With all that said, and while I dearly missing socializing, it isn't obvious to me that removing the lockdowns would improve things; on the other hand, it isn't obvious to me that letting the disease run rampant would be worse than the mental and emotional toll the lockdowns are taking on people and the economy. So many poorly understood trade-offs.]