Re:Elon Musk moves to Texas
by nickthemagicman on Wednesday December 09, 2020 @11:46PM
(#25369831)
This is all false. The S and P 500 was breaking records before Covid.
The s and p 500 is actually breaking records now WITH Covid.
Pretty much everything you just said seems to be inaccurate and no citations are provided.
The corporations are doing great.
The small businesses and individuals are being crushed.
Most people don't spend money on things/do stuff when they are afraid of dying while doing so. Hundreds of thousands of deaths due to uncontrolled population spread, randomly (nearly) amongst the population is going to cause the economy to crater - and even the possibility of it already did before any lockdowns happened.
The lockdowns just stopped the 25% (guess) of the population that is going to YOLO anyway from causing even more damage. The businesses were still going to get a huge hit regardless.