Brumby Profile picture
21 Jan, 29 tweets, 8 min read
Lockdowns don’t actually work (see pinned tweet). One reason is that it’s preposterous to think one can just halt an interwoven societal fabric. So “lockdown” is instead just poor people risking exposure to continue providing goods/services to rich people sheltering in place.
A thousand books can (and will) be written on the harms of lockdowns. This thread will instead focus on its epic exacerbation of the divide between rich & poor. Last week I let 30 studies do the talking; this time I will let 23 pictures tell the story.
1. High earners are the ones that can work from home:
2. Similarly, only a majority of those with a college or postgraduate degree can work from home (also note the disparity in race/income):
3. This is reflected in mobility by income bracket – those with the higher incomes are able to “stay safe, stay at home”:
4. Low wage workers are lucky to have a job at all--remote or otherwise (observe that high earners are above prior peak):
5. Note, even though high earners are now fully employed, total unemployment is still well above the prior PEAK of the Great Financial Crisis. Remember how horrible that was? Low earners are orders of magnitude worse off than during the GFC. Its literally off the prior charts.
6. But didn’t we pass a stimulus bill with $600 checks? Yes, that will last less than a month for a majority of recipients.
7. All this increased exposure of poor/racially disadvantaged is borne out in data on hospitalizations/mortality. We all know Los Angeles is a COVID hotspot, but did you know 71% of cumulative LA County Department of Public Health hospitalizations have been amongst Hispanics?
8. This is supported by Latinos having much higher risk of death overall in California, across all ages, and especially acute amongst immigrants. Note also the correlation amongst those lacking education and essential workers.
9. In Toronto, COVID19 mortality was multiples higher amongst the 30 lowest income neighborhoods vs. the 30 highest.
10. Downtown offices are empty, meaning that urban ecosystems catering to office workers have been hollowed out (think taxis, gyms, coffee shops, restaurants & bars, dry cleaners, etc.) crushing minority-owned small businesses. Most downtowns are nothing but boarded up shells.
11. Suburban retail traffic has likewise dropped, but to a staggeringly smaller degree.
12. Minority-owned small businesses have been crushed to a much greater extent than white-owned small businesses.
13. This is also reflected in delinquent mortgage payments being more prevalent in predominantly Black counties (e.g., Clayton in Georgia is >70% Black and has triple the rate of Forsyth (mostly white))
14. The &P500 index (large companies) is at an all-time high; small business revenue is still down 30%+
15. For the first time in decades, the World Bank is predicting an increase in extreme poverty. Recall also the UN predicts lockdown will push 130 million to the brink of starvation.
16. Female labor force participation is dropping, wiping out decades of gains. Typically below the rate for males, female unemployment is now notably higher.
17. Sadly, this is likely due in large part to school closures. In Calif, its almost exclusively private schools that are open. We live in a mostly meritocratic society, but where there are many structurally disadvantaged groups, in large part because they haven’t been given the
tools (education) to succeed. How will two-years of no-school impact that California? Who do you care about?
18. So that is life for the poor. I know its coming, so for those that would argue the virus closed the economy, not the lockdowns, Gov. Kristi Noem has a message for you:
19. How about life for the well-to-do, you ask? Well, net worth for those that own assets is at an all-time high, eclipsing pre-pandemic levels
20. Home prices have skyrocketed post-lockdown and are at an all-time high as people flee tyrannical urban areas (further hurting the inner-city poor)
21. Mortgage rates have collapsed, meaning wealthy homeowners can extract this increased value from their homes at no cost as monthly debt service payments cratered.
22. FANMAG stocks (Facebook, Apple, Netflix, Microsoft, Amazon and Google) have exploded post lockdown and are at all-time highs and cash flow metrics.
So why do “progressive” Dems support these policies? If you support them, where do you fall in the spectrum above? Biden’s team will “establish a national covid-19 response structure where decision-making is driven by science and equity” –I’ll save you the effort #endthelockdowns
Please share this far and wide, including with your liberal friends/family who continue to think they are doing something virtuous supporting lockdowns.
*Bonus – humor chart – if you’re wondering why YOU didn’t buy the stock market dip in March/April, you were probably too wasted in March/April to buy the stock market dip.

• • •

Missing some Tweet in this thread? You can try to force a refresh

Keep Current with Brumby

Brumby Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!


Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @the_brumby

13 Jan
This will be my first and possibly last tweet (thread) as I am mostly here to learn. It is prompted by a recent study questioning lockdown efficacy that is getting a lot of attention. It appears people believe it to be the first of its kind, but I have been collecting similar
studies since March 2020. Below are 30 published papers finding that lockdowns had little or no efficacy (despite unconscionable harms) along with a key quote or two from each:…

“there is no evidence that more restrictive nonpharmaceutical interventions (“lockdowns”) contributed substantially to bending the curve of new cases in England, France, Germany, Iran, Italy, the Netherlands, Spain, or the United States in early 2020”
Read 42 tweets

Did Thread Reader help you today?

Support us! We are indie developers!

This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!

Follow Us on Twitter!