At the beginning it was said that we do not fully understand consequence of community lock down, i think this will just be one of many long tail effects. Will be interesting to see if it was really a good idea in the long run.
It seems likely that it was a good idea to try, but ultimately was not done well enough to have significant benefits.
When the error margin on the fatality rate was so wide at the beginning it maybe had some value because the worst case was so bad. But now that we have a wealth of data on who the vulnerable are and what's the actual impact the pendulum has shifted, the mounting potential downsides are growing as they were always understood to be and in some places more lock downs are the equivalent to holding back the ocean with a bucket with a hole in it.