The lockdowns will have an effect on the economy. With more people unwilling to spend and more likely to save in preparation for losing their jobs; it means that we'll likely see a recession again. Government will also need to eventually pay back what was borrowed to pay for the stimulus payments to boost the economy. It won't come cheap but it's doable. Depending on your state depends on how bad the economy is going to be due to how many people are likely to not spend in your state.