Blacklock’s- Lockdowns Cost $60B A Year
“From 2019 to 2020 approximately 47 percent of all small and medium sized businesses, those with annual salary expenses of less than $1.5 million, experienced a drop in gross profits totaling a loss of nearly $60 billion,” wrote analysts.
The figures were the highest to date as calculated by any federal agency on the impact of the Covid recession. Private sector analysts put losses at twice as much, at least $139 billion, according to 2021 calculations by the Canadian Federation of Independent Business.
Given that it was meant to destroy small business – Id say they were pretty successful.
This does not appear to even include the cost of extra money spent by the governments on CEWS etc. Every company received subsidies whether they needed it or not as long as they didn’t layoff.
Bingo, Greg. No one talks about that. Probably because it’s considered an “investment”, right?
“Forgotten”?
How about memory-holed Winston-Smith style? Big Brother says “THAT NEVER HAPPENED, PEONS!”
How about actively lied about by every news organ and factotum from the PMO to the guy who sweeps the halls at CTV! Every time a #Liberal speaks, they lie!
But I remember what happened.
But it was a small price to pay for keeping Granny safe!
And lonely.
I think the cost is MUCH greater!!!
I’ll never forget that early on in 2020 lockdowns, having a video chat with some friends in Kelowna, BC. They were telling me that their teenage sons were receiving large CERB grants every month, and using the money to buy expensive bottles of wine and video games. I suspect an above average amount of marijuana was bought too.
What message did this convey to the youth in terms of work ethic and responsibility? I fear we have a lost generation, ranging from about 25 down to 5.
A Medical Industry run economy has different prioriteis and outcomes than an Environmentally Sensitive run economy or a Socialist run economy or a Capitalist run economy. Pick your poison.
Simple. The Libs will announce that they will make up those loses via grants to the small and medium businesses and then pay for it with increased taxes on small and medium businesses.
It worked for the carbon tax.
They do the same thing when imposing the nation’s HIGHEST energy costs here in the “rich” State of CA. The State PUC and politicians impose punishingly expensive and oft-failing “green, clean, renewable” energy on the plebes. The rich elites can easily pay $2,000.00/mo. energy bills … but the remaining middle class here in CA get beat-down by the policies and prices. The poor get their bills paid by the State.
So the virtue-signaling elites vote for more STUPID, expensive, energy … because it makes them feeeeel good about their amoral lives … and the poor vote for more free shit. The working middle class just get punished and driven into the poorhouse … or … turn their thermostat off in the winter (like I do) and just freeze in the dark.
It cost the fabric of society it’s cowardly soul, the hatred and cruelty shown to people against the lockdowns and mandatory clot shot was beyond my comprehension. I want revenge, retribution and the medical establishment to be punished for becoming an arm of the liberal party at the expense of their oath “To do no harm”.
Preach it Sister! I am still waiting for an official acknowledgment that we were wronged. We need to know this can never happen again.
Yeah, must agree. I have a much dimmer view of my fellow Canadians now than I did in 2019. The number of people who showed up as Karen or worse, very sobering.
On the other hand, some people surprised me by standing tall, people I didn’t expect. Few and far between, sadly.
I have lost all respect for epidemiology. It is playing chess with numbers and claiming clairvoyance as a result. Pseudo-scientific mumbo-jumbo. Prosecutor’s Fallacy, over and over and over again.
Epidemiology is a wonderful and illuminating tool. The problem is, it uses numbers and so much of society is innumerate. Therefore, it’s far too easy for pseudo-scientific mumbo-jumbo to be passed off as actual epidemiology when it is in fact fraud.
Hahahaha ha ha … $60 B … hahahaha ha ha ha … USAID gave that much away to train LGBTQueer “gender” policies in The Congo. It’s a rounding error for USAID’s donations to CIA-funded election interference across the globe.
Your fascist elite leaders don’t give a husky fkcu about the working poor (formerly middle class) people losing their jobs. They want everyone dependent on the government … rich and poor. The rich collect huge government contracts, and the poor receive a “free” pittance from the government. Everyone else who lives and works in the REAL world is of no importance to the government. In fact, the government demands they be in the lower class of “the poor”.
You just described serfdom, Kenji.
And if you can’t work your assigned patch for the benefit of the overlords, you will be deemed a useless eater and sent for MAiD.
Agree that the costs are much higher .
But the fallout hangs over us still.
Would you voluntarily support The State that Dread Covid Theatre revealed?
I read your headline and briefly feared it was a message from the Elder Gods. Fortunately I read on and am now greatly reassured.