5 Things We Learned From the Covid-19 Panic
Wow, what a roller coaster year 2020 has been thus far. The major headline of course has been a global pandemic called Covid-19 that has ravaged every country on Earth. The virus has brought economies down and made hermits out of social butterflies. The good news is that the infection rate and death count have slowed, giving hope that a brighter horizon is just around the corner.
But that doesn't mean it is time to move on as if nothing happened and forget the biggest crisis of our lifetimes. Covid is not going to completely go away and never be seen again. Experts have already warned that the virus could be a yearly problem just like allergies or a common cold, returning and reinfecting on a seasonal basis. That means we should all reflect on what happened and think long and hard about the future and how we can be better equipped to deal with the next pandemic or catastrophe. After all, those who fail to learn from the past are doomed to repeat it.
We thought about it and put together a list of 5 major takeaways from the Covid-19 scare. This isn't all we learned, but these are what we feel are the most important issues we need to address and think about as individuals and a nation. Tell us what you think in the comments below.
The Economy is Extremely Sensitive
How to run an economy, especially one as large as ours here in the United States, is an extremely complex matter with equations that most of us could never wrap our heads around. In all fairness, the Federal Reserve does a pretty good job of keeping the pendulum from swinging too far out of control. By changing interest rates and employing economic mechanisms aimed at balancing things out - we don't have to think too much about it all day to day.
Then came Covid which threw a big wrench into not only our economy, but every single economy around the world. It's obvious that we are not prepared for major X factors like a global pandemic. That's probably not something you can be 100% prepared for but there are some things we can do to be better equipped for the next global pandemic.
It seems like a no-brainer that producing more of our own stuff and having the manufacturing in place would allow us to respond to a threat much faster. If you need proof, just look at the mask shortage. We were forced to seek out medical supplies from other countries battling the same problem. We should have been better equipped to make them ourselves. Keeping our economy resilient to outside threats should start with more "in house" manufacturing and production. That creates jobs and infrastructure capable of facing a crisis.
Everything Is Going Online
Everyone knows that just about everything you can think of can be done online. We pay our monthly utility bills online, set up automatic payments for things like mortgages and cars, and plenty of us have continued our education with an online class or two. Most of us have an Amazon Prime account and look forward to seeing a box sitting outside our door when we get home from work. These kinds of services are convenient, but the option was always there to pay in person, visit a local store to touch and feel a product you were interested in, or visit a local campus for that real world college experience.
Expect that to go away.
Now that Covid has given everyone the creeps about face to face contact, many businesses are beginning to realize that store fronts are a luxury and costs can be cut with an online centered business approach. Along those same lines, we saw plenty of stories about schools that managed to finish out the school year by having students complete classes online. It will take awhile for schools and businesses to completely transition, but you should expect that in the next year or two online education and shopping will be the status quo. Eventually it will be the only option.
The Job Market is Changing
Sure, Joe Biden has advised that we all learn to code - but the job market is changing in other ways as well and the pace has been accelerated by the Covid scare. Businesses that were able to survive during the Covid storm were ones that sold online. They were impacted in their ability to ship and deliver products as things slowed, but forward thinking businesses were able to keep some revenue coming in by fulfilling online orders.
That means that the classic storefront, which has been in decline for years, is sure to all but disappear save for big box retailers like Walmart and Target that also supply food. But changes will come in other sectors as well - expect more call centers and email interaction as companies look to limit human to human contact. This shift towards impersonal contact means that minimum wage jobs will dry up and the the expectation of employers will increase since you are "comfortably" working from home.
Border Control is Necessary
Maintaining a secure border has been a hot topic of debate for years, and hopefully the Covid Panic has opened your eyes to the fact that open borders for any nation is just a bad idea. It's pretty easy to see that just allowing anyone to come and go through the door is a recipe for disaster. This isn't a race or class issue, it's a safety one.
A secure border where entrants are first checked for infectious and contagious diseases can help prevent or at least limit the spread of disease. There are plenty of other arguments for a secure border, but limiting a disease outbreak is one that anyone should understand if they don't have their head in the sand. If you disagree, we expect that you will invite all those Covid patients over to recuperate at your home.
Prepping Isn't Such a Bad Idea
Remember that show Doomsday Preppers? We remember when it was on and people around the water cooler and online would make fun of the people on the show who had opened their doors for the world to see. Forward thinking individuals stockpiling the things necessary for their family to survive if a major catastrophe or pandemic were to occur.
We just stayed silent because well, we were secret preppers - though not at the Doomsday Prepper level. We thought it was a good idea to have some basics on hand after talking to people who had been through major hurricanes and earthquakes. Hurricane Katrina was hard to forget, seeing people on their rooftops begging for water when help couldn't get to them. The smart person saw that having a little stash for emergencies just makes sense.
Fast forward to 2020, and people started hoarding toilet paper and fighting over it like it's a Black Friday sale. Hate to say we told ya so, but if you were a TP Warrior at your local Walmart then you ARE part of the problem. It's no ones job to care for you or your family but your own. Hopefully, Covid opened your eyes to the need for a little stash of basics. We know you have enough toilet paper for years to come - why not add some drinking water and food to the pile?
Comment Below and Tell Us What You Learned From the 2020 Covid Pandemic