freediver wrote on Sep 7
th, 2020 at 6:31pm:
aquascoot wrote on Sep 7
th, 2020 at 6:17am:
freediver wrote on Sep 6
th, 2020 at 9:38pm:
Your entire argument boils down to the cost of reducing covid deaths compared to what we are prepared to spend on other deaths. But now that I have pointed out how absurdly wrong you are on the cost of preventing road deaths, you suddenly want to wait and see. You can think for yourself, right now. Give us a more realistic estimate of the cost to our economy of halving the speed limit. Or are you afraid to discover that the cost of covid restrictions is entirely proportional to the threat?
Incorrect and not what I'm saying at all
And yes we do put a price on a human life
According to you it was 0.01% of GDP to halve the speed limits. Would you like to try again?
Quote:Currently the road traffic authorities value a life at 9 million dollars
How does that compare to covid? i ll do some rough calculations.
so we agree 5 to 10 million to save a life on the road.
now to covid.
probably the vaccine wont work very well, and the very elderly are notorious for vaccines not working that well, so still a lot and maybe the majority of the elderly will be exposed.
if we let it rip, lets say we had 20,000 deaths over the course.
if we do the "death by a thousand cuts/death by a thousand lockdowns" and get some mild vaccine , we may cut that a bit (not a lot mind you).
maybe 15,000 die.
the cost so far would seem in the order of a trillion dollars and thats going to be a recurring cost because a lot of businesses will not come back in tourism and resturants etc.
so over the next 5 years maybe 2 or 3 trillion.
now your 5 million saves one young healthy 25 yo with their whole life in front of them
3 trillion for covid to save , maybe 5000 very frail elderly (in the majority of cases)
thats 600 million per life saved
(that maths is a bit above remedial)
so roughly our spend is 120 times more then justified IF you value a 88 yo the same as a 25 yo.
but you are also ignoring my excellent posts on how diabetic, heart patients, cancer patients etc are not getting care.
so even before we start, that 2 to 3 trillion is effectively just a counter productive waste
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