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by chrisco255 2243 days ago
I agree that they should have never been shuttered by the government, but the die has already been cast. They can't undo the damage. What they did is equivalent to a scorched earth economic response to Covid-19. We're going to have to rebuild every industry we hurt. Some of those industries may never come back to the level they were (i.e. cruise ships). There's also fundamental shifts in consumer patterns that are occurring and will continue to occur as a result of economic uncertainty, trade battles with China, price shocks in response to supply / demand shocks, etc.

In the U.S. we also need to shift our consumption based economy to become more of a production based one, like we were 40 years ago. That kind of shift doesn't happen overnight.