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Oh, I am not denying at all that Covid has a more severe impact on older people. I am just saying that, looking at the data, maybe 0.1% of the 55+ workers died
by MatteoFrigo 5y ago
Oh, I am not denying at all that Covid has a more severe impact on older people.
I am just saying that, looking at the data, maybe 0.1% of the 55+ workers died of Covid, and so Covid by itself does not explain the 5% drop in the FRED graph. Maybe part of the disconnect is that Covid disproportionately affects people too old to be in the workforce?
- aerosmile 5y agoAnd I wasn't saying that the dip is because those people are no longer alive, but because they are just trying to be more careful and therefore avoiding exposure since they can afford to do so financially.