When talking about economic damage it is also worth thinking about what we are trying to avoid in the US- if SARS-Cov2 gets to 60% of the population, then at a 2% case fatality rate we are looking at 4 million excess deaths. Most importantly, that is a humanitarian tragedy that we must avoid. However, having numbers also let’s us put an economic value out there for what we are trying to save. A 1% reduction in the ca…
Current total deaths are 6,000 with China already saying the worst is behind them. Why the US would have 4M deaths?
Like someone said on twitter, “In the end, it will be impossible to know if we overreacted or did too much, but it will be QUITE apparent if we under reacted or did too little.”