Covid - 19 and the deficit

I think it is safe to assume that Covid - 19 will shorten the life span of a couple of million people by at least a year or two, I would have to imagine that would reduce Social Security and Medicare costs by many billions of dollars.

So will Covid-19 end up being a revenue positive when all is said and done?

I haven't seen this discussed in the US, but at least one politician in Brazil is talking about it..

quote:

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Croda told Reuters that when informed that older people would be more likely to die from the disease, Solange Vieira, who leads the Superintendence of Private Insurance, linked to the country's finance ministry and who helped reform the country's pensions, said: "It's good that deaths are concentrated among the old."

"That will improve our economic performance as it will reduce our pension deficit," Veira reportedly added, according to Croda.

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