Tuesday, January 09, 2024

Fourteen Trillion

$14 trillion. That's what Covid + lockdown cost us. "Workplace absences, and sales lost due to the cessation of brick-and-mortar retail shopping, air travel and public gatherings, contributed the most. At the height of the pandemic, in the second quarter of 2020, our survey indicates that international and domestic airline travel fell by nearly 60%, indoor dining by 65% and in-store shopping by 43%. . . . The toll we estimate that it took on the nation’s gross domestic product is twice the size of that of the Great Recession of 2007-2009. It’s 20 times greater than the economic costs of the 9/11 terrorist attacks and 40 times greater than the toll of any other disaster to befall the U.S. in the 21st century to date." 
COVID-19’s Total Cost to the U.S. Economy Will Reach $14 Trillion by End of 2023 – USC Schaeffer 

And how do you put a price tag on stealing our young people's youth and what they might have learned in school?The mental depression. The drug use. They were the least likely to get Covid yet they may have paid the biggest price.

So much of this was unnecessary. Too many ignorant people were given an enormous amount of power. What can we do to prevent it from happening again.

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