Covid Lockdowns Cost U.S. Economy $15 Trillion and Counting
A study by a team of researchers from the University of Southern California (USC) claims Covid-19 lockdown policies have cost the U.S. economy $14 trillion. The study looked at the first 30 months of the pandemic, ending in the summer of 2022. Some of the hardest hit industries have been airline travel, indoor shopping, and in-store shopping, all of which decreased by more than 40 percent, with indoor dining taking the biggest hit, losing 65 percent of revenues during this 30-month period.
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