4 ms·

* short-term economic growth

by gmd63 3y ago

mcpackieh 3y ago
Having most of the population holed up inside is bad for long-term economic growth too. Ineffectual internet-schooling replacing normal in-person schooling for more than a short time period would be particularly devastating to long-term economic growth.
- gmd63 3y ago
  That's conjecture and based on intermediate metrics such as report cards / SAT scores
  - saiya-jin 3y ago
    Well, mental illnesses skyrocketed. That messes up economy bad, long term in hard-to-calculate ways since people are not simply dropping dead and disappearing from economy. No they are still around, more or less successfully trying to integrate back, but requiring a lot of support resources that would be otherwise used in other cases, ramping up the medical costs, maybe even losing jobs, failed mortgages and so on. There you have it, one long term bad economical effect. There are many others, maybe even more significant.
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    - gmd63 3y ago
      I don't think a rise in mental illness is entirely attributable to lockdowns. There are several ways this pandemic can affect mental state, such as: - COVID infection, virus messing with your brain - Disappointment from believing COVID is man made (regardless of whether true or not) - Death of someone close, remember that 1.1 million people have died from COVID in the United States alone - Disappointment that the lack of care for the vulnerable exposed a survival of the fittest nonchalance where some of the most able among us couldn't be bothered to breathe through an n95 to avoid a however negligible chance of someone dying
  - micromacrofoot 3y ago
    There's quite a lot of data that points to a decline in many places... literacy scores are lower, math scores are lower, etc. The effects appear to be quite bad, and haven't yet recovered in many places (especially among lower income groups). This will take some more time to distill with more accuracy, but lockdowns and remote schooling almost certainly had a negative impact. https://www.npr.org/2022/09/01/1120510251/reading-math-test-scores-pandemic https://www.npr.org/2022/09/01/1120510251/reading-math-test-...
    - gmd63 3y ago
      Interesting. Wonder how kids in China are doing.

* short-term economic growth

by gmd63 3y ago

* short-term economic growth

Having most of the population holed up inside is bad for long-term economic growth too. Ineffectual internet-schooling replacing normal in-person schooling for more than a short time period would be particularly devastating to long-term economic growth.

gmd63 3y ago
That's conjecture and based on intermediate metrics such as report cards / SAT scores
- saiya-jin 3y ago
  Well, mental illnesses skyrocketed. That messes up economy bad, long term in hard-to-calculate ways since people are not simply dropping dead and disappearing from economy. No they are still around, more or less successfully trying to integrate back, but requiring a lot of support resources that would be otherwise used in other cases, ramping up the medical costs, maybe even losing jobs, failed mortgages and so on. There you have it, one long term bad economical effect. There are many others, maybe even more significant.
  - deleted 3y ago
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  - deleted 3y ago
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  - gmd63 3y ago
    I don't think a rise in mental illness is entirely attributable to lockdowns. There are several ways this pandemic can affect mental state, such as: - COVID infection, virus messing with your brain - Disappointment from believing COVID is man made (regardless of whether true or not) - Death of someone close, remember that 1.1 million people have died from COVID in the United States alone - Disappointment that the lack of care for the vulnerable exposed a survival of the fittest nonchalance where some of the most able among us couldn't be bothered to breathe through an n95 to avoid a however negligible chance of someone dying
- micromacrofoot 3y ago
  There's quite a lot of data that points to a decline in many places... literacy scores are lower, math scores are lower, etc. The effects appear to be quite bad, and haven't yet recovered in many places (especially among lower income groups). This will take some more time to distill with more accuracy, but lockdowns and remote schooling almost certainly had a negative impact. https://www.npr.org/2022/09/01/1120510251/reading-math-test-scores-pandemic https://www.npr.org/2022/09/01/1120510251/reading-math-test-...
  - gmd63 3y ago
    Interesting. Wonder how kids in China are doing.