When done to a 60 year old building that destruction is understandable. When done to an economy, not so much. Image courtesy of Adobe Stock.
The government ordered shutdown of the economy in 2020 has devastated primary education, secondary education, higher education, travel industry, entertainment industry, small businesses, restaurants, physical health, mental health, and detective/ preventive treatment of chronic and deadly disease. Level of unemployment is second only to the Great Depression. We have seen evaporation of wealth, savings, trust in government officials at all levels, and trust in every public health official in the country.
I have over 100 posts protesting the foolishness and destruction this year with those posts containing close to 90,000 words describing the devastation.
This will be the last routine post describing the intentional disruption we have suffered this year. I will have one more post describing actual science that is surfacing, which is in sharp contrast to the alleged “science” that has driven the demolition of the country.
Discussion in this post:
- Devastation in travel industry
- Drastic increase in U.S. poverty rate
- Collapse of incoming freshman class at U.S. colleges
Indicators of the devastation in the travel industry
11/4/20 – Wall Street Journal – How Coronavirus Ravaged Travel in 2020 – The Middle Seat column tabulated a number of indicators showing the illness across entire travel industry.
What does the collapse of an entire industry look like? A few stats:
Traffic at three largest New York airports: