Quote:
Originally Posted by merrymini
(Post 1838647)
Wishful thinking, most likely from someone who never had economics.
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Here's some fun economics for ya. No statistics so you don't even have to do any mathematics.
Restaurants had restricted the number of people allowed in them, per order of the Governor. That was great. Most people still didn't go to the restaurants, which isn't unusual, because most people don't usually go to restaurants every night anyway. If they did, the lines would be halfway to Tennessee.
But many people chose not to go anyway because it just wasn't worth the risk.
Meanwhile - now the governor says "okay you don't have to restrict anymore." Which is fine. Now all the people who WERE going, can go again, without restrictions. Except - all those people who chose not to go anyway because it wasn't worth the risk? They will still not go anyway because it still isn't worth the risk.
AND...
Those people who DID go, because the capacity was limited, and they were willing to take THAT risk? Well - you've just removed that capacity. So they'll be staying at home too, even though they weren't, up until the Governor removed the max cap limit.
Here's where the economics come in:
Originally - everyone went. Business was boomin.
COVID hits - no one goes, businesses are closed for a short period.
Restrictions begin - some people are chomping at the bit and make a bee-line to eat. Some people venture cautiously, the rest stay home anyway.
Restrictions removed - the cautious venturers will now join the ones who stay home.
Business will be SLOWER now - because the people who WERE going BECAUSE of the restrictions - will stop going.
The people who wanted to go while it was restricted, were already going, so this won't be an increase in business.