Economists warn of 'widespread costs' from lockdown:
Blanket restrictions on economic activity should be lifted and replaced with measures targeted specifically at groups most at risk, say economists.
[...] They argue that while the extent to which the lockdown contributed to a subsequent slowing in the rate of new infections and deaths is not easy to estimate precisely, it seems clear that it did contribute to these public health objectives.
However, they say it is "very far from clear" whether keeping such tight restrictions in place for three months until the end of June when they began to be lifted was warranted, given the large costs. They say that the costs of carrying on with such a lockdown are likely to have become significantly greater than its benefits.
Debate over the global dilemma continues.
(Score: 2) by Jiro on Thursday July 30 2020, @03:28PM (1 child)
"Here are examples of businesses that are doing well" is not "business, in general, are doing well". Your butcher and fabric store are atypical.
(Score: 2) by c0lo on Thursday July 30 2020, @03:54PM
Well, let me put it this way: only the restaurants and cinemas closed in my area.
Speaking about the restaurants, only those that don't do takeaway.
Yes, the business district is hurt a lot more [abc.net.au] than my suburb and the township nearby.
https://www.youtube.com/watch?v=aoFiw2jMy-0 https://soylentnews.org/~MichaelDavidCrawford