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The RBA’s report into consumption during the pandemic is a very revealing insight into modern Australia. This is how a spoiled, snowflake society responds to an emergency. It missed its cafes, restaurants and recreational travel too much. /1 #covd19aus Image
This first graph shows how the consumption of goods not only barely declined, it actually went up during the pandemic. But services crashed. What services were these? /2 Image
‘Out and about’ services, predominantly cafes, restaurants and travel. Spending on eating out more than doubled in Australia between 2004 and 2019, pre-pandemic. That has been the main driving resistance to public health action during Covid, both from consumers and businesses. /3 Image
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