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$169B for 29,000 lives? Study calculates cost of US shutdowns
- cactus2093 6y agoHow much of that $169B was just reallocated and not actually lost though? The restaurant and travel industries obviously took a huge hit, but Amazon and Apple and all sorts of other businesses had huge gains. Overall the S&P will likely end the year up 10% or more which is a well above average year.
- averros 6y agoThis study fails to add to the cost the huge amount of taxpayer money spent on supporting impoverished people and failing businesses. It also fails to take into account deaths caused by the lockdown: drugs, domestic abuse, suicide, missed medical treatment, etc, etc. In the end, it would be more like trillions wasted for no lives saved. The now firmly established police state is just a cherry on the top.