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How many dead is worth saving Wall Street?

Published on: March 25th, 2020

 

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We decided to use the expert’s numbers and do some math.

 

The economy is suffering, the poor response time and lack of testing exacerbated the spread, the lack of preparedness is flooding our medical system, and now what appears to be a very foolish decision at the White House.

As a small business owner who works with other small business owners, we are very clear of the impacts COVID-19 is having on us. Cash flow has come to a screeching halt. Instead of offering big bail-outs to their investors, they need to be giving small business and individual relief much more serious thought. However, there is a growing message coming from the GOP that it is better to get people back to work, even if it kills people. And people said Obamacare was going to kill Grandma!

We want the economy to return as well. We don’t like living in the Twilight Zone either. We also want our government to be responsible to the taxpayers since the Treasury is made up of our contributions.

However, there is a disease that is going to kill us: Greed. The greed of a few at the cost of the many. 

We turned to Harvard University for our expert advice and timeline but we crunched some numbers ourselves.

Based on conservative estimates:

  • 327 Million People in America, the population of Earth is around 7.5 Billion
  • 40-70% could be infected with COVID-19
  • Split the difference, call it 50%
  • 325 Billion people around the world and 163.5 Million in America
  • 1-3% Die from it
  • Resulting in 1,630,000 deaths in America or 3 Billion people around the world.

Our question is, what are the economic catastrophes with knowingly killing 3 Billion people, or to keep it country-centric, 1,630,000 million Americans?

This article is an exceptional resource:

The latest on the coronavirus

Exerts from the Article:

//March 23: Don’t Halt Social Distancing. Instead, Do It Right. (The Atlantic)

Social distancing to stop the spread of COVID-19 is personally and economically painful, and some are questioning whether it’s worth it. In this article, Ashish Jha, K.T. Li Professor of Global Health and director of the Harvard Global Health Institute (HGHI), and Aaron Carroll of Indiana University School of Medicine wrote that the human cost of stopping social distancing “would be devastating, and the economic toll from that devastation might be even steeper than what we’re seeing right now. More people could die from COVID-19 … in just a few months than have died in every single war this country has fought since its inception.” Jha and Carroll said two things are needed right now: complete cessation of all nonessential activities for at least two weeks, and massive testing of the population.

March 23: ‘Way too early’: Health officials warn about perils of restarting economy (Politico)

Public health experts are horrified at the prospect of resuming business across the U.S. before coronavirus is under control. But President Trump is considering pulling back on social distancing. “It is way too early to even consider rolling back any guidelines,” said Howard Koh, Harvey V. Fineberg Professor of the Practice of Public Health Leadership. “With cases and deaths rising by the day, the country must double down, not lighten up, on social distancing and related measures.”//

 

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