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Covid 19 has hit the economy hard; But where is the recovery going to come from? : Comments
By Tristan Ewins, published 3/6/2020We can't put a price on peoples' lives and peoples' health. But many people will need to sacrifice to 'spread the burden' of funding recovery.
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The economy is not a sentient being, so hit is as hard as you want, it will never hurt!
The problem is that government (and others) are too attached to the economy-thing and addicted to its ghostly statistics (such as GDP, employment-rate and inflation-rate), so whenever the economy is hit they cry "Ouch" as if they were hit themselves.
COVID-19 could teach us to relax and have a fresh look. No one was hungry and in the absence of tourists, even those who previously lived in the streets suddenly found themselves in hotel rooms. There is no need to return to the old rat-race where everyone had to fight for a "job" just to be able to survive, regardless whether that job was ethical or contributed anything real to our quality of life. Even now there are still so many "employed" people around who could be contributing more to our well-being by becoming "unemployed".