Post Coronavirus: My Predictions on the Social-Economic Impact

If the health recommendations by the CDC and others are implemented, the coronavirus scare may be over in a couple of months. If so, there will be few social-economic changes. The longer the health recommendations stay in effect, the greater the social-economic changes. Here are my first thoughts on what may happen in the United States because of the virus:

  • Telemedicine will increase considerably
  • An entrepreneur will initiate drive-by laboratory testing
  • Death rates for the elderly and the infirm will increase thus reducing the strain on our health care system
  • Pharmaceutical production will increase in the United States
  • Products made in the United States will increase because people will want us to be less dependent on other countries for the products we use
  • Video teaching will dramatically increase
  • Brick and mortar universities and colleges will have a substantial decrease in enrollment
  • Some liberal art colleges and universities will close because of lack of enrollment
  • Technical schools will dramatically increase enrollment because people will realize that technical training provides a better economic opportunity than do universities.
  • Enrollment for those seeking to become doctors, nurses, attorneys, engineers, and other nonacademic professions will remain the same
  • Some college professors will find themselves teaching high school via video conferencing
  • The home entertainment industry will flourish
  • Massive film projects will diminish when compared with cottage film companies because people will realize that a smaller crew can make just as good film as a larger crew
  • Book sales will increase
  • Online purchasing will dramatically increase
  • Online communication will increase
  • Social media will flourish
  • Family bonding will increase–families will do more things together
  • Families will eat more meals together
  • Neiborhood bonding will increase
  • By this time next year birth rates will increase
  • An entrepreneur will develop a family-style take home restaurant franchise
  • People will continue to wash their hands more and practice health guidelines more seriously
  • Alcohol consumption will increase
  • Spiritual values will increase

That’s all I can think of for now. And of course, none of these things will happen if the semi-quarantine is brief. I will give a follow-up report on my predictions one year from now.

PS: If any of you can think of other changes, please let me know.

The Toilet Paper Pandemichttps://thetimeofyourlife24x7.com/the-great-toilet-paper-pandemic/

The Coronavirus Datahttps://thetimeofyourlife24x7.com/data-on-the-coronavirus/

This Post Has 5 Comments

  1. I’m enjoying your blog-thoughts! I cringe, of course, when I read of the demise (albeit temporary) of liberal arts education. Oh, vey! I nod my head along with your predictions and look forward to reading your first book.

    1. Traci, I agree about liberal arts education. Here’s my idea that will not go anywhere but here it is—make liberal art courses mandatory for the first two years of college. The last two years could be saved for specialty training.

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