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Lockdowns aren't free, but neither would ignoring the pandemic be. There's no way to avoid the cost Looking back at the Spanish Flu, https://www.inquirer.com/h
by __s 6y ago
Lockdowns aren't free, but neither would ignoring the pandemic be. There's no way to avoid the cost
Looking back at the Spanish Flu, https://www.inquirer.com/health/coronavirus/coronavirus-covid-pandemic-1918-spanish-flu-economic-impact-mit-study-20200402.html https://www.inquirer.com/health/coronavirus/coronavirus-covi... showed that lockdowns ended up being cheaper than no lockdowns
Unfortunately the ruling class will always find a way to trickle down costs, so it's no surprise that the poorer you are the more impacted you are. With or without lockdown
"I am once again asking for your financial support" meme for tax payers bailing out megacorp bonuses yet again
- tinus_hn 6y agoGreat statistics on a disease 5 times as fatal that raged a century ago in a world that no longer exists.
- Mediterraneo10 6y agoThe costs of ignoring the pandemic are very country-dependent. In countries whose economies are based on extraction of natural resources, only a fairly small amount of people are needed to run the extraction and export sector. All the other tens of millions of people living in that country have bluntly been called things like "superfluous population" by thinktanks. That small workforce maintaining the economy is little affected by a disease like COVID with its median death age of ~80. Also, it was believed that COVID presented a threat to the broader economy because it could overwhelm the healthcare system, preventing the broader workforce from accessing treatment. However, one approach is to triage COVID victims, denying them hospital beds so that those beds remain available for the broader population. Liability or elected officials’ sensitivity to accusations of "letting grandma die" prevented some countries from implementing this triaging, but other countries could.