@Plinz Every day you shut down the economy costs $58 billion and saves a *maximum* of 17,906 lives. That's over US $3.25 million dollars for every life saved. Worth it?
Assumptions: US GDP of $65,000 per capita; 2% death rate; US population of 327 million
A 3 month lockdown will not shut down the entire economy, and won't even need to be total outside of the existing hotspots. How do you compute the cost?
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I assume a complete economic shutdown ($60 billion per day)—- with a half shutdown you are looking at over $1.5 million per life saved.
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Also note that half the cases will drop out of the workforce for a month, and many will have lasting disabilities. It is also not clear if we get immunity, so we may face the same situation next year if we don't stamp it out.
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