Econ 101 - Opportunity cost
Maybe Democrats want it to get worse, so they can get Joe Biden in. It is easy to manipulate someone with dementia.
No no no!!! We have to sacrifice ourselves so that we may be saved.
Is being homeless really so bad?
Come on.
I for one have unattended to eye issues. Glaucoma and macrodegen. run in my family. Have been waiting for April 1 to come and get on medicare. Not going to do any good, have put of cataract surgery for 2 years now so my medicare pays for it.
Would it have happened eventually, maybe, maybe not? We'll never know now. This lockdown indirectly lead to this death.
In China, a country with about 250,000 traffic deaths each year, their 2 month shut down prevented over 40,000 traffic fatalities.
We are already seeing the same thing here in the USA.
FWIW
It doesn’t matter.
The economy is largely shut down until 4/30 now. Trump is listening to the Doctors and that’s the deal.
Frankly, I’m willing to be right now that it will be shut down until Memorial Day rather soon. As this keeps spreading it’ll be obvious. And it will spread, as all of these asshats return from Spring Break carrying the virus all over the country.
His mention of June 1st last night was already softening for the blow IMO..
Funny thing, I just read a Barron’s article where some restaurant worker claimed he needed to stay home because being at work only benefited the S&P. Of course, the liberal nitwit wants the S&P companies to pay him to stay at home but he has no idea how that money will be generated if everyone stays home.
“Possibly 28,797 More Deaths from Opioids”
That would be a Self-Selecting cohort.
Grim but needs to be considered by all.
Americans are not at all in as good shape as in the first Great Depression. Not 100% but we now have much lower community cohesiveness (as discussed in Bowling Alone: The Collapse and Revival of American Community a nonfiction book by Robert D. Putnam. )
Families with great grandparents and grandparents nearby in town are rare. People sharing interests all over America is a rarity-—we have Balkanized groups as Bill O’Reilly writes, where each has a TV series, a hobby, and a political belief group often directly at odds with all the others. Pelosi can’t even agree to stand with Trump against a virus!
From my Macro economics class in college...….
“ You can never recover lost wages.” That’s a fact.
A pundit — maybe a doctor (I can’t recall) — was giving suicide stats yesterday. He said that, because of unemployment, in two days in his area there were more suicides than there were in all the first three months of the year.
The info in this thread, as well as stats this man gave, need to be firmly living in POTUS’ head for the next time the reporters grill him on “acceptable number of deaths”. Also, get the data on 1929 suicides.
And there is info about deaths from domestic abuse increasing during poor economy, especially unemployment hardship.
This should be obvious, but I watched even nominal conservatives claim that reopening the country would be “sacrificing lives for the stock market.”
We ain’t seen nothing yet like what will happen if the stock market and corporate financial systems totally collapse. We don’t have much in the way of family farming anymore. It’s all big corporate business now. Farming, processing, packaging, transportation, distribution, retailing, etc, is all conducted and carried out by big corporations that require big corporate finance.
Being out of toilet paper is bad, but what happens when there is no food on the shelves in your local supermarket?
Set our people free to work and produce!
What BS.
This is correct. The government does not have infinite resources. It takes money from those who earn it and gives it to those who don’t. When no one is working, there is no money, and you get inflation and poverty.
yes, An increase of suicides due to each 1% increase in unemployment is estimated to be a low of 4,000 to 40,000. With a projected unemployment rate of 30% , the annual deaths from suicide may be as high as 120,000 to 1,200,000 and may exceed that of deaths from COVID-19.
President Trump yesterday also mentioned the potential for death from stress and anxiety, very true for those with other conditions, especially the heart, blood pressure, stroke, etc.
Depression —> suicide
Desperation —> self-medication, drugs, alcohol
Stress/Anxiety —> heart, stroke
In California the democrats have closed the outdoors.
They closed the beach...and parks...!