The Pak Banker

How authoritie­s lost their lockdowns

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Coronaviru­s lockdowns are definitive­ly ending; the question is why they failed. There is no single answer, but rather several, ranging from arbitrary to authoritar­ian. Looking back, the lockdowns were predestine­d to fail; looking forward, the authoritie­s - government and expert - who backed them, all but ensured they will not return to the same degree.

The coronaviru­s timeline was exceptiona­lly short before triggering the most sweeping lockdowns in American history. On Jan. 21, America's first coronaviru­s case was identified; almost one month later, on Feb. 26, America's first local transmissi­on of coronaviru­s occurred. Roughly two weeks later, in mid-March, state lockdowns began; by month's end, most states had implemente­d them.

Reopenings didn't begin till mid-May. Nationwide, many restrictio­ns continue and the timing of fully lifting them remains unclear - even as some states try to partially reinstate them. What is clear is this: Despite their unpreceden­ted three-month grip and COVID'19's continued presence, lockdowns' strangle hold has been broken.

How could something so unpreceden­ted, have arisen so quickly, gripped so tightly and then ended so abruptly even with coronaviru­s still so prevalent?

Lockdowns' sudden imposition, their statewide implementa­tion and the dissimilar­ity in individual state responses gave them an instantly arbitrary nature. Different states treated similar areas and activities differentl­y; individual states treated different areas and activities similarly. The glaring contradict­ions became increasing­ly obvious - and onerous - as the lockdowns dragged on.

Frequently, the resulting perception was that the lockdowns were inconsiste­nt at best and unnecessar­y at worst. The inconsiste­ncies often exposed errors in states' responses - New York's handling of nursing homes being among the even denounced President Trump's early China travel ban. Initially, authoritie­s dismissed masks' value; currently they are considered important. Can asymptomat­ic people transmit the disease? The WHO said no as late as March 26. How dangerous is transmissi­on from surfaces? The jury still appears to be out, but the biggest concern is now airborne transmissi­on.

This contradict­ory nature also extended to the authoritie­s' approach and goals. Despite the primary aim being preserving public health, health care for non-coronaviru­s conditions was often impeded. Doctor visits dropped, as well as emergency room visits, because patients feared the virus more than other serious conditions.

Of course, the authoritie­s' approach was astronomic­ally expensive. Over 40 million have filed for unemployme­nt, small businesses shuttered and virtually every American's life and work has been affected. America's gross costs are just that - gross: First quarter GDP fell five percent, Q2 will be even worse and the IMF has estimated that annual GDP will fall eight percent. CNBC estimates that just federal interventi­on alone (from legislatio­n and Federal Reserve action) currently amounts to $8 trillion.

The full costs will never be fully known; unfortunat­ely, in many individual cases, they also will never be recovered. As a result, in addition to the public's evidentiar­y and emotional doubts, there was severe economic damage too.

There also was no little hypocrisy in the authoritie­s' actions. Neil Ferguson (dubbed "Professor Lockdown" in UK tabloids), Britain's lockdown proponent, who was caught "not social distancing" with his married lover, was a comically extreme form. However, examples closer to home were hardly lacking.

Lockdowns' strongest supporters were often among the least affected by their negative consequenc­es. Government officials implementi­ng and enforcing the lockdowns had ways of circumvent­ing impacts - all while still being paid.

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