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40,000 people die for every 1% increase in unemployment

Posted on 3/17/20 at 12:35 pm
Posted by Floridagators
Member since Mar 2020
36 posts
Posted on 3/17/20 at 12:35 pm
Granted that usually means more permanent unemployment than losing your job for two weeks to a month. And furthermore can mean having the stress of wondering if you're ever going to get another job again.

But I wonder if this coronavirus scare could kill more people than it saves.
This post was edited on 3/17/20 at 12:40 pm
Posted by el Gaucho
He/They
Member since Dec 2010
58505 posts
Posted on 3/17/20 at 12:38 pm to
CNN tried to tell us that people would literally die if trump got elected and now that literally dozens of people have literally died y’all act like it’s no big deal
Posted by EarlyCuyler3
Appalachia
Member since Nov 2017
27290 posts
Posted on 3/17/20 at 12:38 pm to
Posted by SEClint
New Orleans, LA/Portland, OR
Member since Nov 2006
49479 posts
Posted on 3/17/20 at 12:39 pm to
quote:

Floridagators


Posted by Floridagators
Member since Mar 2020
36 posts
Posted on 3/17/20 at 12:39 pm to
85 people out of 320,000,000 is really no big deal.
This post was edited on 3/17/20 at 1:12 pm
Posted by el Gaucho
He/They
Member since Dec 2010
58505 posts
Posted on 3/17/20 at 12:40 pm to
When you go to the grocery store you’re killing old people
Posted by uway
Member since Sep 2004
33109 posts
Posted on 3/17/20 at 12:41 pm to
If they cause a depression the cure will be worse than the disease, no doubt.
Posted by Klark Kent
Houston via BR
Member since Jan 2008
73228 posts
Posted on 3/17/20 at 12:43 pm to
suck a dick gaucho
Posted by kywildcatfanone
Wildcat Country!
Member since Oct 2012
136127 posts
Posted on 3/17/20 at 12:44 pm to
quote:

coronavirus scare could kill more people than it saves.


So now the virus is saving people?
Posted by TigerCoon
Member since Nov 2005
22466 posts
Posted on 3/17/20 at 12:44 pm to
You got that stat from The Big Short.
Posted by FearTheFish
Member since Dec 2007
4318 posts
Posted on 3/17/20 at 12:44 pm to
quote:

But I wonder if this coronavirus scare could kill more people than it saves.
How many people do you think the coronavirus is saving?
Posted by upgrayedd
Lifting at Tobin's house
Member since Mar 2013
138137 posts
Posted on 3/17/20 at 12:45 pm to
quote:

If they cause a depression the cure will be worse than the disease, no doubt.

But it saved billions of theoretical lives!!!
Posted by JohnnyT
Central Texas
Member since Feb 2005
1841 posts
Posted on 3/17/20 at 12:47 pm to
Can you provide a reference or link? I like to review the data sources and assumptions of macroeconomic projections.
Posted by The Mick
Member since Oct 2010
44900 posts
Posted on 3/17/20 at 12:47 pm to
quote:

coronavirus scare could kill more people than it saves
I'm gonna say being cautious will save more lives.
Posted by extremetigerfanatic
Member since Oct 2003
5851 posts
Posted on 3/17/20 at 1:00 pm to
You’re making fun of him for stealing a line from the big short and rightfully so. But it’s not hard to imagine a country saying at a certain point, only .5% death rate is not as bad as allowing our economy to tank and causing a Great Depression. 7 million starved to death during the Great Depression.

It’s not far fetched once we reach a certain point.
This post was edited on 3/17/20 at 1:01 pm
Posted by Floridagators
Member since Mar 2020
36 posts
Posted on 3/17/20 at 1:10 pm to
It's from the Big Short.

Another thing I'd like to add is that middle aged people would be the ones dying from unemployment.

While I'm not trying to demean old people, it's not like the people dying from coronavirus had a whole lot of years ahead of them anyway.
This post was edited on 3/17/20 at 1:14 pm
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