It shows that capitalism can't withstand a pandemic very well. It leads to low-wage workers like yourself going without income for the safety and security of the nation, That's clearly not sustainable. You've said it yourself. The only remedy you have under capitalism is to ignore it and let the virus spread.
The reason that our government has been able to borrow so much money is that lenders have high confidence in our free market economy and its ability to repay those debts.
The pandemic has highlighted many questions about economy, of course. Which businesses and industries might vanish in the future, what is essential and what is not, what do people who "aren't essential" do to earn a living, and so on. Another question that has been raised is how has the stock market become so disconnected from the economy at large? People are out of work, small businesses are closing left and right, whole industries are struggling or floundering, the government is subsidizing individuals to a degree that hasn't been seen in generations (if ever) and during all of this the stock market is higher than ever before. How is that possible? What is going on? We saw this after the 2007 crash as well. For several years afterward people were struggling to get back into the labor market even as stock markets recovered quickly. But now during this pandemic the disconnect between the stock market and the economy is wider than ever. I don't get it.
-k
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