You know it’s basically a cold now right?No, many of them are still alive. Me, for example.
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You know it’s basically a cold now right?No, many of them are still alive. Me, for example.
As i have said before my son was at Warwick Uni where 3 of the 5 scientists in charge of the govt SPI-M modelling were based and he was let loose on the model (to run comparative scenario runs with different r numbers and mortality rates etc).And yet... what were the alternatives?
Either no lockdown and allow massive numbers of casualties.
Or allow massive job losses with ensuing huge numbers of businesses going bust, defaults on loans and mortgages, with ensuing runs on banks.
Except that the value of a prevented death from C19 was NOT £1.7m or anything like that figure. That is their figure for a person who is economically active!The UK treasury and HSE use £1.8m as the "value of a prevented fatality" so if you want to work out whether it was "worth it" empirically start with what you believe Covid cost the economy divide it by £1.8m and you have the number of lives it needed to save to make sense. I have seen an estimate of £310 to £410 billion listed so that would mean 228k lives based on the treasury figure.
Reminds me of an old saying. The most cost effective medical system is either abortion or euthanasia at birth. Think of all that money saved in nurseries, education and medical bills.Except that the value of a prevented death from C19 was NOT £1.7m or anything like that figure. That is their figure for a person who is economically active!
Only 5% of C19 deaths in the UK were of those of working age, so even if we add another 5% for those over 65 who died of C19 and say that they may have been working, that still means that 90% of those who died were probably economically inactive and receiving a transfer income such as a pension (or they were within working age but receiving disability payments).
In purely economic terms, that means that 90% of those who died of C19 benefitted the economy by their deaths - however sad and tragic those deaths may have been.
184,000 died, - 10% of that @ £1.8m per life = £33bn. (Warwick Uni - back to the drawing board!)
I am too busy to work out what the (probably small) economic benefit (less the cost of immediate care) would have been of a death by the average economically inactive person in receipt of a transfer income might be, but if we assume a paltry £100k that would almost halve the £33bn figure to £17bn.
That is the cost of bogus and unrecoverable BBLs alone!
Now, let's factor in the enormous costs of all those excess deaths caused BY the lockdown . . .
The UK treasury use a single figure of £1.8m (as an aside my son's work now is re subharahan Africa and they use c£20k i think he said) - that is how normal UK policies are measured so that is how we need to measure Covid to be fair.Except that the value of a prevented death from C19 was NOT £1.7m or anything like that figure. That is their figure for a person who is economically active!
Only 5% of C19 deaths in the UK were of those of working age, so even if we add another 5% for those over 65 who died of C19 and say that they may have been working, that still means that 90% of those who died were probably economically inactive and receiving a transfer income such as a pension (or they were within working age but receiving disability payments).
In purely economic terms, that means that 90% of those who died of C19 benefitted the economy by their deaths - however sad and tragic those deaths may have been.
184,000 died, - 10% of that @ £1.8m per life = £33bn. (Warwick Uni - back to the drawing board!)
I am too busy to work out what the (probably small) economic benefit (less the cost of immediate care) would have been of a death by the average economically inactive person in receipt of a transfer income might be, but if we assume a paltry £100k that would almost halve the £33bn figure to £17bn.
That is the cost of bogus and unrecoverable BBLs alone!
Now, let's factor in the enormous costs of all those excess deaths caused BY the lockdown . . .
Does that saved money outweigh the massive amount of money a person has to hand over to an inept, squandering government - under threat of imprisonment - in a working lifetime?Reminds me of an old saying. The most cost effective medical system is either abortion or euthanasia at birth. Think of all that money saved in nurseries, education and medical bills.
It's a simple DIY job. See the pics I posted on page one!
The vulnerable minority had mostly either fallen seriously ill or died already.
When no-one is likely to die because of their policies.
The UK treasury use a single figure of £1.8m (as an aside my son's work now is re subharahan Africa and they use c£20k i think he said) - that is how normal UK policies are measured so that is how we need to measure Covid to be fair.
You are also in your analysis ignoring all costs of long covid
SOME people. Some have had very little.People have had a LOT of money chucked at them in past couple of years.
£20 uplift on universal credit / working tax credit. Extra winter fuel allowance. Extra £150 via councils. Extra £650 via benefits.
People could choose what to spend the money on.
Yes, you are. The key word is that a *minority* of people were at any serious risk from a virus, and a *minority* of those with health conditions were hospitalised or died during the pandemic.Pretty sure I'm alive.
Erm. The virus had already done its work. How many jabs???
I will tell you where most of that wentWoo, £80 a month. How far are you going to get on that?
SOME people. Some have had very little.
Woo, £80 a month. How far are you going to get on that?
Compared to what was paid before?
Heck, I'm employed and I'd be ecstatic with a £20 a week increase. Its almost double my annual pay rise this year.
There isn't one.Find a better job.
I thought you were an online trading guru!! What about your many many many posts of wisdom on every subject imaginable?
Youve been having us all on havent you??![]()