Friday, May 15, 2020

How Much Are We Spending To Prevent One COVID-19 Death — Millions, Billions, Trillions? Nobody Knows

How Much Are We Spending To Prevent One COVID-19 Death — Millions, Billions, Trillions? Nobody Knows


“The only U.S.-based academic study empirically linking lockdowns to lower deaths is a recent economics paper identifying California’s lockdown as the reason for its lower death rate. The problem with this paper is that the authors find that the lockdown began to reduce California’s deaths just five days after being implemented. The effect is too early to derive from the supposed cause.”
The massively intrusive and costly government lockdowns are looking more and more like the most expensive and least effective regulations ever imposed in this nation’s history. 
Will anyone be held responsible for the calamity, or will we just go on pretending it was worth it?

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