Things I have not seen included in any "cost-benefit calculation" for COVID-19: 1. The human cost of long-lasting lung damage to survivors 2. The economic cost of mass panic if shutdowns are lifted and cases soar 3. The tail risk of the virus mutating into a deadlier form
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Not to mention the social costs of the government blatantly letting people die and telling them to go back to work.
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It's easy to demagogue....but including an economic value of human life (or even quality life) is standard in public policy analysis. It's hardly an outrageous notion,
End of conversation
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It was a scandal to send soldiers into Afghanistan & Iraq with inadequate humvees and body armor. The same should apply to loosening while there is inadequate PPE and staffing for our medical workers.
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,knowing the president could have ordered expedited manufacture of additional PPE and ventilators but chose not to do so.
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or the people with chronic conditions who can’t get the care and treatment they need who die earlier than they should
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