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Bloomberg News: Economic Shutdown Is Estimated to Save 600,000 American Lives

Posted on 3/24/20 at 3:36 pm
Posted by Wally Sparks
Atlanta
Member since Feb 2013
29172 posts
Posted on 3/24/20 at 3:36 pm
LINK

quote:

President Donald Trump is considering easing health directives that prevent the spread of the coronavirus in an attempt to contain economic fallout. A new analysis suggests that those measures are helping to save hundreds of thousands of lives.

Economists led by Northwestern University’s Martin Eichenbaum wrote that keeping social-distancing measures in place before the number of new virus cases declines -- in other words, before a peak in the infection rate -- could limit infections and prevent as many as 600,000 additional U.S. deaths.

While the economic damage is deeper when optimal health measures are taken, a recession is unavoidable even without them, as infected people would stay at home to recover and millions die, the report shows.


Posted by ninthward
Boston, MA
Member since May 2007
20417 posts
Posted on 3/24/20 at 3:37 pm to
bullshite

Posted by Jwho77
cyperspace
Member since Sep 2003
76674 posts
Posted on 3/24/20 at 3:37 pm to
quote:

Bloomberg
Posted by The Boat
Member since Oct 2008
164143 posts
Posted on 3/24/20 at 3:37 pm to
Give this man a Nobel prize
Posted by bad93ex
Member since Sep 2018
27238 posts
Posted on 3/24/20 at 3:38 pm to
quote:

600,000 additional U.S. deaths


That number seems a tad bit high
Posted by Dawgfanman
Member since Jun 2015
22398 posts
Posted on 3/24/20 at 3:38 pm to
So now we are supposed to take medical predictions from economists and economic predictions from scientists?
Posted by salty1
Member since Jun 2015
4430 posts
Posted on 3/24/20 at 3:38 pm to
Absolute bullshite
Posted by timdonaghyswhistle
Member since Jul 2018
16303 posts
Posted on 3/24/20 at 3:38 pm to
Jobs saved. Lives saved. Unicorns saved...
Posted by ClientNumber9
Member since Feb 2009
9316 posts
Posted on 3/24/20 at 3:39 pm to
Even if this were true- which it is not- the lives "saved" by this are merely staving off death by a few weeks/months.

The majority of the people dying from this were on death's door anyway.
Posted by Chad504boy
4 posts
Member since Feb 2005
166316 posts
Posted on 3/24/20 at 3:39 pm to
lez be honest, we saved humanity from extinction.
Posted by Muleriderhog
NYC
Member since Jan 2015
3116 posts
Posted on 3/24/20 at 3:40 pm to
They really want the economy to be completely ruined
Posted by Contra
Member since Oct 2016
7521 posts
Posted on 3/24/20 at 3:40 pm to
Bloomberg is a pure propaganda machine for that clown, Mini Mike
Posted by BigPerm30
Member since Aug 2011
25944 posts
Posted on 3/24/20 at 3:40 pm to
While the economic shut down caused 750,000 people jumping out of the window.
Posted by EZE Tiger Fan
Member since Jul 2004
50312 posts
Posted on 3/24/20 at 3:41 pm to
Well, yeah. If you force millions of people to sit at home on their asses, the likelihood that they would die living their lives decreases a ton.

No shite.

This is as brilliant as "climate change".

It is easy to own every side of an argument when you can lie.
Posted by BigSalmon
Member since Jul 2019
576 posts
Posted on 3/24/20 at 3:41 pm to
Everyone on this board should order this book and read it. After you have read it once, read it again.

LINK

Not only will you be able to sniff out the horseshite like presented in the OP, you will even be able to sniff out the good propaganda that most can't pick up on.
Posted by OneFifty
No favorite team now
Member since Aug 2012
3872 posts
Posted on 3/24/20 at 3:41 pm to
600,000....why not 900 million? Silliness (as Black Helicopter Pilot would say)
Posted by FredBear
Georgia
Member since Aug 2017
15005 posts
Posted on 3/24/20 at 3:43 pm to
It's obvious now this whole thing is a deliberate hoax, the overreaction not the virus, so Trump should just drop all restrictions and tell everyone to go back to work and their normal lives and tell Congress and Senate to drop the stimilus.

This was an attempted trap set by the left wing and we just need to stop playing. It's all bullshite
Posted by OchoDedos
Republic of Texas
Member since Oct 2014
34105 posts
Posted on 3/24/20 at 3:44 pm to
quote:


Economists led by Northwestern University’s Martin Eichenbaum

They can all eat shite. Wtf does an Economist know about science? Macro analyse Trump's foot up his arse.



Posted by udtiger
Over your left shoulder
Member since Nov 2006
98856 posts
Posted on 3/24/20 at 3:45 pm to
Booooooooolsheeeeeeet
Posted by the808bass
The Lou
Member since Oct 2012
111540 posts
Posted on 3/24/20 at 3:45 pm to
Lives saved/created?
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