It would be interesting to know if this phenomenon is repeated elsewhere in California or the US, but without knowing that, we can't draw too many conclusions from this article.
It would be interesting to know if this phenomenon is repeated elsewhere in California or the US, but without knowing that, we can't draw too many conclusions from this article.
There are things we don't know about this virus, such as what exactly the residual effects are on survivors, whether and for how long infection can provide immunity, what the role of vitamin D is, and many other things, but those uncertainties largely don't matter to epidemiological models at this point. We can simply run best and worst case type scenarios to get an idea what we're dealing with if we're thinking solely about the death rate. And, even if we underestimate the death rate, if there are severe and long-lasting aftereffects, that only compounds the need to do something to stop the virus.
IMO, the "knowns" surrounding economic correlations with decreased life expectancy are far, far more unknown than those surrounding a very contagious virus that kills people.
And, as I have said before, to much controversy, if a science-based, public health response to a public health crisis cripples the economy, that's a sign that our economic system is broken, not that we're overreacting to save lives, just to doom people to economic misery.
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But the more urgent predictions at this point come from epidemiologists. And I wonder have epidemiologists had a good track record at predicting previous outbreaks accurately, say SARS, ebola, whatever, 20th and 21st century stuff? As of today we're two orders of magnitude off from those worst case scenario of millions of deaths in the US I thought were surely coming. I guess another question is how long were these millions of deaths expected to arrive, in 12 months, 18 months?
That's a good point, how fragile or robust should an economy be expected to be to wait things out. The fact that lots of companies operate off debt probably doesn't bode well for them weathering any significant storm. Can't build a house on sand and expect it to stand as the saying goes.
Epidemiologists gave a range of outcomes, taking into account what they know at the time, and what measures are or could be in place.
The millions of death outcome is if no lockdown measures are put in place and people don't social distance.