My perception has been that the psychological toll has been much more dramatic in adults than children, but I'm also not a pediatrician and my kids are all too young to really perceive the gravity of it all. So take that perception for whatever it's worth which probably isn't much.
A large number of adults have either come to believe this is an existence threatening pandemic and now experience crippling fear/anxiety, or are so disillusioned by the response that they've lost all trust and belief in the systems that govern and support our society. Both are bad and strike me as far more troubling long term that anything that has occurred en masse for school age children, who decades of data show bounce back well on a societal level both academically and socially from short term stressors.
The damage the last year has done to the trust in our institutions, combined with the total inability for many now to even remotely accurately assess risk/benefit, is what concerns me the most. Much of the outcry over kids just comes off as the standard "THINK OF THE CHILDREN" ploy often utilized by groups when they find it socially or politically advantageous.
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