alt Hacker NewsYour first 2 points make me extra bitter about COVID.
Less store hours. Higher prices. Inflation. People in school got a terrible education and it affected my workforce. (But hey 1% of people died, as predicted if we did nothing at all... )
It only reinforces the importance of competition over protectionism.
I used to be a walmart fan, but my local store is cheaper now. I didn't bother to look at prices until things were getting silly.
Replies
> But hey 1% of people died, as predicted if we did nothing at all
Nope. Compare the death rates of Sweden vs its neighbours in the Nordics (the closest comparisons we have with similar weather/culture/etc.). Or if you don't care about minimising variables, in the US between states that did lockdowns and mask mandates and those that didn't. In every comparable (e.g. excluding rural vs urban) case, there were more deaths in "doing nothing" than implementing the same basic public health axioms that have held true for centuries.
> Inflation
That was also helped by Russia invading Ukraine, which increased global prices of multiple important raw materials. But yes, inflation after a period of deflation/economic contraction/restricted travel and consumption was to be expected.
> People in school got a terrible education and it affected my workforce
It's definitely a bigger issue for them than it is for you. And yeah, it sucks for them. Would have been pretty terrible to tell teachers (who overwhelmingly skew older) they should risk their lives just to keep kids occupied too.
> It only reinforces the importance of competition over protectionism.
What has that got to do with COVID?
> (But hey 1% of people died, as predicted if we did nothing at all... )
You're at a football stadium with 100k people. A thousand of them die suddenly. Do you feel safe?
> Less store hours. Higher prices. Inflation.
At this point, that's just greed. They figured out what the market would bear.