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by chrisjs96 2137 days ago
Even though recessions cause loss of lives(as they always do), I'm not arguing we value the economy over lives. The economy will bounce back as it always does. I'm arguing that we should value all lives. We're only valuing covid lives over other lives right now. Meaning we're valuing our grandmother and great grandmothers lives over our brothers, sister, mothers, fathers even children. To be frank we have to look at average years of life loss with Covid. Let's call it how it is: The quarantine should just be called the life exchange.
1 comments

Economies do not always "bounce back". In fact, after the major economic impacts of the 20th century, most economies worldwide required gigantic public policies targetting their rebuilding to reemerge, and even that tended to take many, many years.
With something so artificial as this lock down I'm sure it will. We basically removed millions of jobs from the economy on purpose.
But we didn't remove the requirement to pay rent/mortgages on the real estate used by the businesses that shut down, or make the loan payments on the loans that they took out. Consequently, oodles of small business are simply going to fail.

I'd love to believe that you're right (and 3 months ago, I felt the same way). But I just don't.