Quote:
Originally Posted by kel
The service industry should be the least of societal problems concerning COVID-19. Yes there is people who depend on the pay check just like every other industry but the service industry is mostly an entry level industry where people are moving up to other industries and careers. I’m sure a higher portion of people within the industry will be fine as daddy will pay the bills if it comes down to it.
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Besides the fact that your rather flippant attitude towards these workers is insensitive, the reality is that most people in the service sector are adults.
There are MILLION of Canadians who work in the sector and millions more who's livelihoods depend upon serving them with everything from supplies to transport to maintenance to professional services. When these millions potentially become unemployed, the other sectors will also collapse due to a lack of business and break downs in the supply chain. We live in a CONSUMER based economy and when those consumers can no longer buy or spend then the entire economy implodes. When all these people become unemployed and have to start declaring bankruptcy all those millions of HELOC, VISA, car loans, and mortgages are no longer paid and the banks are out billion of dollars and then it also becomes a financial crisis. It's not called an economic "system" for nothing.
My single-parent sister is in consulting and event planning and due to the dry up of all conventions her once fairly lucrative income is coming to an end. She has received no new orders and will be without any income within 2 months.