Covid Journal, November 23, 2020
The High Cost of Lockdowns
As millions of small businesses hang by a thread, the focus will be on the demise of big boxes as a result of lockdowns. Will Guitar Center survive Chapter 11? What other organizations or businesses do you think are at risk?
I’m not going to weep for any big boxes, for sure. But the millions of ‘mom and pop’ shops that are calling it quits are another form of pandemic that our governments have an obligation to help stem in order to preserve the stability of our economy and our democracy.
Millions of people being tossed in the street will result in a tidal wave of resentment, anger and frustration that will obfuscate the efforts to control Covid-19.
Is it worth it?