The Impact Of The Year Long Lockdowns

We recently celebrated the anniversary of the ‘two-weeks-to-flatten-the-curve lockdown’ that began last March. So what has been the impact of that year-long lockdown? There have been a number of articles written about the negative impact on school children, but there were also people who profited from the lockdown.

The American Thinker posted an article today about some of the people who profited from the lockdown.

The article reports:

A year after “15 days to flatten the curve” began our lockdowns, we have enough data to answer the classic question about lockdowns (which still exist a year later in many places, including much of California): cui bono?  (Who benefits?)

The answer is, as an individual, Jeff Bezos.  His stock in Amazon, the single biggest beneficiary of lockdowns, is worth billions of dollars more than before the lockdown.  As a group: educated professionals, able to work from home via Zoom and other internet-based services and able to afford home delivery.

…Small businesses, the bedrock base of the GOP, have been severely damaged and even bankrupted in mass numbers.  Government workers, the base of the Democrats, have not missed any paychecks for the most part.

Unionized teachers in public schools, members of the lower-income tier of educated professionals, still have not gone to work in schools in many places, as their unions scheme to use taxpayer relief dollars to pay them bonuses for trips to Hawaii and other goodies, while supermarket and other retail clerks have labored unceasingly, interacting with adult members of the public who are a far greater health risk than children.

The coronavirus lockdown undid a lot of the good things the Trump administration had done for lower-income Americans. Unfortunately the policies of the Biden administration do not favor people in the lower-income brackets. Some of the Biden administration policies that will have a negative impact on working Americans are higher gasoline prices, which impact everyone and result in higher prices across the board; a significant increase in the minimum wage,which will result in job losses and higher prices; and higher taxes on corporations, which will send jobs overseas and increase American unemployment. The major consequence of the Biden administration will be the shrinking of the middle class and a shrinking American economy. Under President Trump, the middle class shrank because people moved into the upper income classes. Under President Bide, the middle class will shrink because people moved into the lower income classes. This is not good for America.