The True Cost Of Coronavirus Lockdowns

The True Cost Of Coronavirus Lockdowns

The full impact of coronavirus pandemic lockdowns may take years to understand, but the negative effects have already taken a toll on many aspects of Americans’ lives.

The abrupt change in routine for millions upended the lives of people of all ages and backgrounds. World Health Organization (WHO) special COVID-19 envoy David Nabarro also recently said the WHO does not advocate lockdowns as the “primary means of control of this virus,” and that lockdowns are only justified as a tool to “buy you time to reorganize, regroup, rebalance your resources.” 

Months after the popularized motto “flatten the curve” encouraged people to make the temporary sacrifice of remaining at home and only going to the store when absolutely necessary, millions continue feeling the effects of the lockdowns. 

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Sequential surveys studied by the University of Texas’s Olivier Coibion, University of California at Berkeley’s Yuriy Gorodnichenko, and Chicago Booth’s Michael Weber showed the impact of lockdowns in the initial months of the pandemic.

A Boston Market restaurant displays a “Thank you” sign for their guests in its window after closing down permanently as more businesses feel the effects of stay-at-home orders amid the

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