ChuckMcM had an interesting observation elsewhere that times of such crisis are perfect for companies to deliver bad news, as the blame (and perhaps opposition) gets lost in the noise. I'm wondering if something similar will happen in politics - a lot of things that were not possible to push through in calmer times will now get implemented, with all the energy pandemic mitigation adds to them, and they'll stick after all it's done. Government has a lot of inertia after all.
It’s happened in politics for a long time. Two decades ago, a political advisor in the British government sent an email on 11th Sept 2001 saying the day was “a very good day to get out anything we want to bury”. It didn’t go down well, but others have been much more subtle.
I now think of these economic shocks as opportunities for profit taking, like a game of musical chairs. Sell off before the rubes notice, then buy it all back up at bargain prices.
Previously, Kevin Phillips' book Wealth & Democracy in America is a more academic, pedantic telling of the same story.
https://hackertimes.com/item?id=22571121