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re: Mortgage delinquencies surge by 1.6M in April, the biggest monthly jump ever
Posted on 5/21/20 at 2:55 pm to stout
Posted on 5/21/20 at 2:55 pm to stout
Here’s what I want to know, we shutdown the entire American economy because “models” and “projections” said if we didn’t hundreds of thousands or maybe even two million people would die.
Why were there no models done projecting what the outcome of such a shutdown would do to the economy and how many lives that would cost?
Why were there no models done projecting what the outcome of such a shutdown would do to the economy and how many lives that would cost?
Posted on 5/21/20 at 2:56 pm to Darth_Vader
Because we can just give out checks!!
Posted on 5/21/20 at 3:39 pm to Darth_Vader
quote:
Why were there no models done projecting what the outcome of such a shutdown would do to the economy and how many lives that would cost?
quote:
Coronavirus pandemic may lead to "deaths of despair" from suicide, drug and alcohol abuse, a Robert Graham Center for Policy Studies study says.
Deaths of despair are tied to multiple factors, like unemployment, fear and dread, and isolation.
A very slow recovery combined with the greatest impact of unemployment could result in more than 150,000 deaths of despair, the study estimates.
Researchers think somewhere in the middle is most likely, with 75,000 additional deaths.
The researchers said the biggest way to help prevent some of these deaths is to get people back to work.
Social isolation has more consequences for the many vulnerable patients who suffer from depression, anxiety and addiction.
"Addiction patients are relapsing, and a lot of patients who don't have drug use or alcohol problems are drinking more now, sometimes every day, and they don't stop until they sleep."
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