Will post-coronavirus America see a post-war boom, or will people just hunker down?

Published April 8, 2020 7:07pm ET



On my daily walk down a side street, I saw a restaurant with a diagonal cross made of adhesive tape on its sign. Gone was the notice that it would open for takeout; now it looked to be closed for good.

Although I’m aware that most restaurants go out of business within a few years or even months, I felt a certain sadness. The owners and staff lost their jobs and perhaps their dreams, through no fault of their own and for reasons they couldn’t have anticipated just a few weeks ago.

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