Even shutdowns can’t destroy a relatively free economy

SACRAMENTO – A funny thing happened on the way to the next Great Depression. The government forcibly halted economic activity, shutting most Americans indoors and robbing millions of people of their chance to earn a living as a means to prevent the spread of coronavirus. Yet many of the nation’s economic indicators remain remarkably steady.
“By the day after Memorial Day, though, Wall Street had regained some stability, far more than many expected in the darkest days