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The last state lockdown orders expired in June 2020. Most lasted on the order of a few weeks. The economy is not destroyed. Assets are appreciating, GDP is gro
by snowwrestler 5y ago
The last state lockdown orders expired in June 2020. Most lasted on the order of a few weeks.
The economy is not destroyed. Assets are appreciating, GDP is growing faster than it has in a decade and employers are desperate to find workers. The unemployment rate is near 5%.
If there is a weak spot in the economy, it is that rising case numbers of the Delta variant are causing people to voluntarily limit their in-person activities. When you ask business leaders what can help the economy, they say “more people getting vaccinated” because it’s the fastest way to reduce new COVID cases.
- hunterb123 5y agoWhen I ask small business leaders that they say to stop paying people to stay home. I said middle class. Small business was destroyed. The corporations got richer. How does your neighborhood look? All businesses still intact? Not talking about the stock market.
- KittenInABox 5y agoIn my neighborhood several small businesses are still intact. The businesses that relied primarily on commuters are gone, but the staples catering to the people who live here are still intact. My favorite local bar, coffee shop, drycleaner, and bookstores are still going. I'm a bit sad about my pho place closing down, but they're a small chain, and they have another one a bit further away from me that I can still go to.