tomwaits
Frontier Psychiatrist
Offline
I know people keep using World War II as a reference point because it was the last major extended national crisis of any sort, but there are fundamental differences. In World War II you were fighting a tangible enemy and had tangible goals and even though times got tough, there were objectively real signs of progress or success that could be pointed to. People could join the war effort or buy war bonds or ramp up production. You could get involved and help.
With this? The enemy is invisible and intangible. How do you reassure people when there's nothing to reassure them about? At least not yet?
With WWII, production shifted to war efforts and to pay for it, taxes went up and people were asked to buy war bonds in addition to the taxes. With COVID-19, the government is shutting down production by executive orders, and is printing money to hand out to people. This could be economically more disastrous. The "good" news is other countries are inflating their currency also, so the dollar will likely remain the world's reserve currency.