Loco_local said:
Soylent Green Is People said:
Still amazing to me how with a 60-90 day lock down, everything has collapsed upon itself. How fragile things were without us really noticing it before.
My .02c
The food bank lines surprised me. People were lining up after the second week of the shutdown.
The airlines asked for their bailout before any State issued a shutdown. The 15-20% unemployment is currently largely focused in those industry segments: travel, hospitality, restaurants, retail and the outlier, construction.
Restaurant business was noticeably down early March before shutdown. When the shelter order went out for the Bay Area before going Statewide the restaurants turned into ghost towns. Hospitality, retail, all started to take it on the chin before the orders. Much of that segment lives paycheck to paycheck and more importantly, depend on their weekly tips. That all started vaporizing beginning of March.
By mid-March, store shelves of less-perishable items were stripped bare. Milk was out of stock, canned goods gone, meat products sometimes stocked, sometimes empty. The majority went from eating 30-90% of their meals out to making something at home.
This is why the mantra that the lockdown is self inflicted carnage is false. The virus had the carnage well under way before the lockdowns. The absence of leadership, clear action and meaningful plans to address it further eroded consumer confidence in their ability to be out consuming.