Oh don't try to hit me with that, of course I feel for those people.
Oh I most certainly will hit you with that. Multiple times on this thread you have stated that if the economy can't survive this lockdown, then it wasn't a good economy to begin with. Tsk tsk. No concern shown for the human toll of an economic disaster, just you wagging your finger.
However, as our economy grows and changes, that means people must be willing to adapt. Life isn't static, jobs and industries often change, innovation drives everything, and those who fail to adapt more often than not are doomed to fail. That doesn't mean I don't sympathize with those who lose their jobs, but industries dying out and job markets shifting to different types of work isn't anything new.
Complete non sequiter. We are not talking about simple innovation changing an economy over time, putting some people out of job and creating more. This is not a case of the PC displacing the mainframe and turning IBM from a giant company dominating the industry to a much smaller software and services company. The current situation is nothing even comparable to what you are discussing, so I don't know why you are even bringing it up.
This is an unprecedented shutdown of the economy, something this country has never done before, even with other pandemics. Despite what you think, the economy is not a piece of steak you can toss in the freezer and then thaw out when your ready to grill it again.
Even the strongest, most robust economies cannot take a shutdown like this without severe damage, some of which we have already seen with 10 million jobs lost in the last week. And those are just the first order effects, there will be a cascade of effects if this continues that will make the human toll far worse than what it would be if we handled the virus with a smarter, more surgical approach over the current, one-size-fits-all extreme lockdown approach.
An economy is a dynamic thing, you simply can't put it in stasis. And I can't believe I even have to type this.
I'm also not calling on many more people suffering and dying from pandemic so my stock portfolio doesn't plummet.
Yep, that's me. Rich tycoon. I'm actually not typing this post myself, my personal secretary is taking dictation. Also, I'm waiting for my butler to serve me;
(Yelling: Rochester!! Bring me my tea and crumpets, and do it now, you filthy vagabond!)
