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I did account for the death rate when the healthcare system is overwhelmed; I have no doubt it will save lives. Then, as I also said, if you are 60 and your ve
by sershe 7y ago
I did account for the death rate when the healthcare system is overwhelmed; I have no doubt it will save lives.
Then, as I also said, if you are 60 and your very old mother is on her death bed, and you get to buy her one more week of life by eliminating your entire retirements savings, would you do it? If not, after that we are so to speak just haggling about the price.
Oh, and what if I came for your retirement savings because they could save my mother, that you don't even know?
There are trade-off on another level too. Recessions have very real human consequences that I mentioned in another comment. Many of them involve deaths, but many more just involve ruined lives. I'd sooner let one 80yo die than make one 40yo miserable for the rest of his life.