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Message

40,000 people die for every 1% increase in unemployment
Posted on 3/17/20 at 12:35 pm
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.
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 on 3/17/20 at 12:38 pm to Floridagators
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 on 3/17/20 at 12:39 pm to Floridagators
quote:
Floridagators
Posted on 3/17/20 at 12:39 pm to el Gaucho
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 on 3/17/20 at 12:40 pm to Floridagators
When you go to the grocery store you’re killing old people
Posted on 3/17/20 at 12:41 pm to Floridagators
If they cause a depression the cure will be worse than the disease, no doubt.
Posted on 3/17/20 at 12:44 pm to Floridagators
quote:
coronavirus scare could kill more people than it saves.
So now the virus is saving people?
Posted on 3/17/20 at 12:44 pm to Floridagators
You got that stat from The Big Short.
Posted on 3/17/20 at 12:44 pm to Floridagators
quote:How many people do you think the coronavirus is saving?
But I wonder if this coronavirus scare could kill more people than it saves.
Posted on 3/17/20 at 12:45 pm to uway
quote:
If they cause a depression the cure will be worse than the disease, no doubt.
But it saved billions of theoretical lives!!!
Posted on 3/17/20 at 12:47 pm to Floridagators
Can you provide a reference or link? I like to review the data sources and assumptions of macroeconomic projections.
Posted on 3/17/20 at 12:47 pm to Floridagators
quote:I'm gonna say being cautious will save more lives.
coronavirus scare could kill more people than it saves
Posted on 3/17/20 at 1:00 pm to The Mick
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.
It’s not far fetched once we reach a certain point.
This post was edited on 3/17/20 at 1:01 pm
Posted on 3/17/20 at 1:10 pm to JohnnyT
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.
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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