2 ms·
Only in the context of "for the economy" (moral and humanitarian perspective not withstanding) this sounds like the parable of the broken window. ~95% of death
by basch 6y ago
Only in the context of "for the economy" (moral and humanitarian perspective not withstanding) this sounds like the parable of the broken window. ~95% of death is age 60+? This group largely consumes without producing. Parts of the economy that would be hit the hardest by this would include the health care industry not getting 10 more years of spending from them?
I'm not sure calculations of economic spending is the best way to make the argument "we need to protect the most vulnerable, at the expense of the least," precisely because the least vulnerable are the ones producing most of the economic output, and that output is what is being curtailed to protect those not working. Almost any argument for shutdown would be better than trying to quantify the economic cost/gain of losing a double digit percentage of the elderly, because at the end of the day, I don't think that calculation would go the way the people making the economic argument think it will.