America’s Restaurants Will Need a Miracle
If we fail to help them immediately, their crisis will be the entire economy’s crisis.
by Derek Thompson
Mar 17, 2020
3 minutes
The spread of the coronavirus across the United States has caused a generalized shutdown of public life. Schools are closed, sports are canceled, and concerts are over. This is entirely appropriate. A pandemic is war, and public gatherings at the moment give aid and comfort to the biological enemy.
But this shutdown will crush the economy, starting with the restaurant industry. In the past 48 hours, several states, including Ohio and Illinois, and major cities, including New York City and Los Angeles, announced that restaurants will be closed or limited the fallout “worse than after 9/11.”
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