We can argue over the timing of the lockdown but the Government had to time it carefully to get maximum effect, thinking that people would go stir crazy and start to break it after a short period.
It seems to me that the lockdown has actually been more effective than anticipated and we now have the situation where many people don't want to go out. The problem with this approach is that we can't ignore the economy in all of this. I agree with the Government approach to furlough etc but anyone who thinks things are going to get back to normal quickly is wrong.
Take an example of a coffee shop. Pre lockdown probably operating on small profit margins. With lockdown staff are on furlough. Once they re-open and the staff come off furlough sales are highly unlikely to reach their previous level initially because:
1. Some people might not have the money to be able to afford to buy coffee in a cafe
2. Some people will have got out of the habit of buying coffee and realised they can manage without
3. Some people are too scared to go out
4. Some people will working from home, or not going into the office as regularly so won't be buying coffee in a coffee shop near their office
The result of this is staff will get laid off or the coffee shop might even close. Now this is a very simple example but it is likely to happen across vast swathes of our economy.
The Government is having to borrow eye watering sums of money (quite rightly) to support the nation through the pandemic but the banking crisis of 2008 took 10 years of austerity to sort out from a financial point of view. Sorting the finances out after the pandemic could take 20+ years.
We have to do everything we can to keep the economy going, the Government needs to be encouraging people to get out and about spending money, with appropriate social distancing measures in place. There are some sectors that are going to be difficult, particularly public transport, sporting events, concerts but a way needs to be found to try and keep things going.
Unfortunately there are large numbers of the population who just don't recognise this and think there's an endless pot of money to pay for all of this.