Hell if my life is worth $5 Mil to the government...write me that check...and I'll kill Talent to balance it out...I'm a team player...
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Where is all this money coming from? Another $2.3T (link below)? How many trillions will we be in the hole for by the end of the year? Will the next "Tax Reform" push all annual income below $10M into the 80% tax bracket to pay for it? (Those above this thresh hold get taxes cut to zero.)
The Federal Reserve is continuing its extraordinary efforts to prop up the United States economy in the wake of the coronavirus pandemic. The Fed launched a $600 billion program for hard-hit states and local governments.
“Outside of a dog, a book is a man's best friend. Inside of a dog, it's too dark to read.” - Groucho Marx
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Ah damn, Mort Drucker passed away (not from corona). Anyone who read Mad Magazine as a kid will be familiar with his work
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Originally posted by THE_WIZARD_ View PostI'm not comparing the two in the way you think DSL...I'm making a point that the US Government does not care about lives like you think. They accept a certain number of deaths will occur in their policy decisions. It should be balanced based on the overall good of the people as a whole. Seems to me here that isn't the case. We are hunting a hummingbird with a fucking nuclear warhead. Yes we will kill the bird...and cause massive pain in other areas. Like it or not this was a catastrophic approach and will cost this country for decades. $2.2 Trillion spent thus far with a lot more to come...and how many lives will we save with that investment? Hard to say but let's just say for argument sake that we save a million lives and end up spending...oh I don't know $5 Trillion before it's over...that's 5 million dollars per life saved.
You may not like seeing this put into dollars and cents...but the government has always placed dollar amounts on lives in policy decisions.
The authors contend that it is up to the public health sector and other policy makers .....
There are gads of studies that estimate the cost per life saved from COVID - needless to say, they are all over the place. But, for example, let's say it's costing Broward county in FL 5% per month of it's GDP ($110M) to keep current mitigation measures in place or $1.1M. Using one estimate of the cost per life saved in the COVID circumstance, if the cost of treatment per life saved is $300K, then mitigation measures that cost more than $1.1M/month (roughly 3.6 lives saved/month) aren't cost effective.
What you are looking at with this calculus, and using deaths per day as a proxy measure, is finding the point at which your daily death rate is less than 0.12 deaths per day (3.6 deaths/month). Broward has reported 58 total deaths since March 13 or on average 1.9 deaths per day. Clearly, by this calculus, until that death rate in Broward Co, declines significantly, you would not want to eliminate mitigation policies. However, there are plenty of counties in the US where this calculation will show mitigation measures should be relaxed and in the neck of the woods where Wiz lives, pretty sure he could open things back up.
Mission to CFB's National Championship accomplished. But the shine on the NC Trophy is embarrassingly wearing off. It's M B-Ball ..... or hockey or volley ball or name your college sport favorite time ...... until next year.
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Well yes JB...it should be a state, county and local decision for the when and hows...right now the cost per estimated life saved is astronomical...like I said before let's use the $5 trillion mark (even though I believe it will be much higher) and a million lives saved (which I think will be much lower as I don't think we were ever in danger of losing 1-2 million people regardless of our approach)...but for argument sake...that is $5 million per life saved. Truly ridiculous amount of money.Shut the fuck up Donny!
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