The pandemic economy will outlast the outbreak of covid4 min read 19 Sep 2022, 10:34 PM IST
Some things will regain normalcy but plenty will remain scarred
We may be learning to live with covid but as the latest inflation report shows, it’s still a pandemic economy. Two-and-a-half years after the first lockdowns, the economy remains weird: It can take more than a year to a get a dishwasher, many months to get a passport, businesses are short-staffed, stores routinely run out of staples like pain reliever and, of course, there is high inflation. Americans enjoyed years of plenty, where the newest, best thing was always available and many services got cheaper by the day. Now some days it feels like we woke up in the dystopian second half of Atlas Shrugged.
Select your Category