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Lockdowns and privilege

July 7, 2021 - 03:03 -- Admin

Consider three graphs that really on their own tell the story of the groups in the US/UK that did well and that did badly economically out of the lockdowns.

On the super-rich:

Image

On the workers, particularly the bottom 25% (meaning those who in their characteristics like education and experience look like the bottom 25% in January 2020):

And for the UK on who is expecting trouble with paying the bills:

You btw see the same picture when it comes to whose children are worst affected by the school closures, who is more banned from travel than others, whose business is less essential than others, or whose sports are less essential than others. Basically the same story in all realms.

Who is “in this together” again? Methinks the top group. Why on earth the left is in favour of all this emerges as a puzzle some true left-wingers have also asked. I think the answer is simple: there is hardly any real left left, which is doubly surprising given the top graph.