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by tshaddox
2024 days ago
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The virus caused businesses to close permanently by causing would-be customers to stay at home due to fears about the virus. And, of course, other details, like businesses having extremely high rents and operating with very low margin opportunities which contributed to an already high baseline expectation of failure long before COVID. Yes, undoubtedly government lockdowns cause some additional compliance from businesses and customers, but from what I saw in SF during the early days of the virus, a huge portion of the economical damage to local businesses was done due to the actions of individuals and businesses before the government even got involved with lockdowns. |
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