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Opening Up...

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Re: Opening Up...
Post by cthia   » Wed Apr 22, 2020 6:38 am

cthia
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It's the stupidest thing we can do right now. The decisions, based on money, will be nothing short of murder!

Son, your mother says I have to hang you. Personally I don't think this is a capital offense. But if I don't hang you, she's gonna hang me and frankly, I'm not the one in trouble. —cthia's father. Incident in ? Axiom of Common Sense
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Re: Opening Up...
Post by Joat42   » Wed Apr 22, 2020 7:27 am

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cthia wrote:It's the stupidest thing we can do right now. The decisions, based on money, will be nothing short of murder!

So when is it a good time to relax the restrictions?

Remember, as long as there is no effective treatment or vaccine you are only delaying the inevitable while trashing the economy for years to come - and trust me on this, a prolonged recession will in the end lead to more people dying. It's trivial to prove it mathematically using available statistics, health and life-expectancy are strongly correlated to a persons income.

---
Jack of all trades and destructive tinkerer.


Anyone who have simple solutions for complex problems is a fool.
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Re: Opening Up...
Post by Annachie   » Wed Apr 22, 2020 8:18 am

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Joat42 wrote:
cthia wrote:It's the stupidest thing we can do right now. The decisions, based on money, will be nothing short of murder!

So when is it a good time to relax the restrictions?

Remember, as long as there is no effective treatment or vaccine you are only delaying the inevitable while trashing the economy for years to come - and trust me on this, a prolonged recession will in the end lead to more people dying. It's trivial to prove it mathematically using available statistics, health and life-expectancy are strongly correlated to a persons income.



My home state, which I think has an infection rate of about 0.2 at the moment, is talking 3 weeks time.
NSW, which is in a worse spot but has a right wing government, is starting now.

Likely to still be restrictions on interstate travel for a while.

So a good little experiment.


Oh, there's also talk of opening the NZ/Oz border.
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You are so going to die. :p ~~~~ runsforcelery
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still not dead. :)
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Re: Opening Up...
Post by Joat42   » Wed Apr 22, 2020 8:27 am

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Annachie wrote:My home state, which I think has an infection rate of about 0.2 at the moment, is talking 3 weeks time.
NSW, which is in a worse spot but has a right wing government, is starting now.

Likely to still be restrictions on interstate travel for a while.

So a good little experiment.

Oh, there's also talk of opening the NZ/Oz border.

I think the real problem with relaxing the restrictions is that there's a certain percentage of the population that think it'll be business as usual which isn't the case - and that will certainly drive up the infection rate.

The key point is that as long as you have enough hospital beds, personnel and resources to handle the influx of new cases (on top of normal healthcare operations), restrictions should be relaxed.

---
Jack of all trades and destructive tinkerer.


Anyone who have simple solutions for complex problems is a fool.
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Re: Opening Up...
Post by n7axw   » Wed Apr 22, 2020 9:20 am

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Daryl wrote:A few points on this.
As Anna says, a slow opening will allow the health systems to properly treat all of those who become ill. Meaning that possibly only 1% die, not 10%. Having 10% die is not an economic positive.

With viruses such as this, they then tend to attenuate over time. A high mortality rate isn't a good thing for the virus either. Better that you stumble around coughing on everyone and spreading it. So less deadly strains become more common.

Herd immunity isn't a binary situation. The more people who recover from the various strains, the less spread in the future.

I do support fly in his honesty, and agree that it can become a numbers game. How many die from covid, versus suicide, versus lack of other support like elective surgery, or poverty for that matter? I'll upset a couple here by pointing out that the civilised and developed countries will have less trouble with the poverty bit, due to their welfare and health nets.

Being in an at risk situation I'm less sanguine than fly about how people like me will likely die anyway from some other cause.
I'm 71. A nasty case of leukeamia that morphed into Evans Syndrome, has gone into (at present) indefinite remission. It left me with very little natural of an immune system, a heart that is healthy except that it has burnt out nerves (heart block) so I need a four way pacemaker, and overweight due to the steroids that enabled me to survive all that. So, I fit into a number of at risk categories. However apart from that I hope to live for decades yet, and continue to contribute to society. It does mean that I do have to stay secluded at the present. Normally I winter in Europe, but not now and for some time.


Best wishes and good health to you, my friend. I am healthy myself, but I am 74 and caregiver to an infirm wife. Right now I am as protective toward her as a mama bear with cubs. We all deal with what life brings our way.

Don

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When any group seeks political power in God's name, both religion and politics are instantly corrupted.
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Re: Opening Up...
Post by n7axw   » Wed Apr 22, 2020 9:49 am

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The E wrote:
TFLYTSNBN wrote:If we don't get the economy restarted, a huge number of people are going to be living in poverty. Poverty is lethal. Nothing reduces human life expectancy as much as being poor. Poverty can be survivable in a society that is wealthy enough to support the poor. Poverty is extremely lethal in a society that can not afford to support the poor. Making the reasonable presumption that the death rate from a resurgence in the Coronavirus pandemic will mill 2.5% to 5% of Americans, that is some 7 million to 15 million people. Most of the dead will be elderly people or unhealthy people who are at high risk of dying from something else anyway.


It's telling that your only response to "our system is bad for people who are unable to work" is "we need to let people work again, even if that means spreading diseases and overloading the health care system".

How does sacrificing people for the sake of a few rich people's bottom line feel?


Actually, it is not only a few rich peoples bottom line. Everybody has a stake in this. If ordinary people can't work, they can't support themselves. If the stock market crashes, people like me whose pensions are in the stock market suffer. There are millions of us. I saw a figure one time about the percentage of people in USA who either participated directly in the stock market or who had 401 k accounts which are pensions. I don't remember it, but it is huge.

Even benevolent government can only go so far to prop things up. For people to prosper, the economy including the stock market must flourish.

Don

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When any group seeks political power in God's name, both religion and politics are instantly corrupted.
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Re: Opening Up...
Post by TFLYTSNBN   » Wed Apr 22, 2020 1:15 pm

TFLYTSNBN

Joat42 wrote:
cthia wrote:It's the stupidest thing we can do right now. The decisions, based on money, will be nothing short of murder!

So when is it a good time to relax the restrictions?

Remember, as long as there is no effective treatment or vaccine you are only delaying the inevitable while trashing the economy for years to come - and trust me on this, a prolonged recession will in the end lead to more people dying. It's trivial to prove it mathematically using available statistics, health and life-expectancy are strongly correlated to a persons income.


Excellent point.

The possible "economic" effects go far, far beyond a recession or even a depression. Continued lockdowns will transform much of the world into Venezuela. Food processing plants are being shut down. There will be no wealth or even food for the socialists to redistribute.
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Re: Opening Up...
Post by n7axw   » Wed Apr 22, 2020 5:46 pm

n7axw
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TFLYTSNBN wrote:
Excellent point.

The possible "economic" effects go far, far beyond a recession or even a depression. Continued lockdowns will transform much of the world into Venezuela. Food processing plants are being shut down. There will be no wealth or even food for the socialists to redistribute.


I am a bit more optimistic than this. For one thing no one really wants to stay shut down any longer than needed. Secondly we know that the key to dealing with this is widespread availability of testing. I see that the Rockefeller foundation is planning to come up with 30,000,000 tests. I'm not sure of the timeline on that. That is not nearly enough, but if they can do that, it speaks of the ability to do more. The most difficult part is getting the infrastructure in place. That and similar projects should have been underway back in January. But that is water under the bridge. The point is 30,000,000 tests is a down payment on the problem. So a bit of cautious optimism seems in order.

Don

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When any group seeks political power in God's name, both religion and politics are instantly corrupted.
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Re: Opening Up...
Post by doug941   » Wed Apr 22, 2020 9:59 pm

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doug941 wrote:
Annachie wrote:
One slight problem with your assertion. As of April 21st the death rate in the US is 5.53% of known infections, NOT 10%.

While opening the floodgates makes me nervous, NOT opening them terrifies me. Until a proven vaccines makes it onto the market, the only way to defeat COVID is to reach herd immunity and that CAN NOT gained by metaphorically hiding under your bed. Let those who want/need to be outside runs the risks and let those who want to shelter shelter.
The second reason the relax is in 6 weeks the unemployment levels have gone from 3.5% in February to nearly 18% now.
Headline in Fortune magazine April 16th:

"22 million have lost their jobs over the past month—real unemployment rate likely nearing 18%"

Being locked into our homes for another month or three WILL see unrecoverable job loses which by themselves will see other non-COVID health problems.



With proper medical attention the mortality rate for covid-19 is about 1%. It blows out to about 10% if there's no treatments.

More people infected at once the closer that mortality gets to 10%. At the moment lockdown is the best preventitive we have.

The ecconomy will recover eventually, but nothing will bring the dead back. After all, as the right tell us all the time, all lives matter.


Many healthcare experts are saying that stay-at-home orders will continue into 2021, some say into the summer. Many if not most of the 22 million out of work are employed by companies that still exist but are on hiatus. As the lockdowns continue, those companies WILL be going out of business. Statisa.com has a 2017 article (https://www.statista.com/statistics/487 ... ment-size/)about the size of employers vs employees. The largest sector was for companies with 0-4 paid employees @ 5,996,900, 5-9 employees was in 4th place with 3,698,086 and 10-19 employees had 1,009,851. If the lockdowns ended today, most of the workers would be able to go back to work, 6, 8, 10 months from now those jobs and those companies WILL NOT BE THERE. This crisis has the ability to be the Great Depression 2.0.
I did not, and do not, say let everyone out today with no conditions but going from an economy in danger to virtually no economy is not the answer. And I say this even though I have COVID risk factors and I am considered to an essential worker who is out and about several times a week. If I get sick, it is on MY head and no one else's fault.
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Re: Opening Up...
Post by The E   » Thu Apr 23, 2020 4:50 am

The E
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n7axw wrote:Actually, it is not only a few rich peoples bottom line. Everybody has a stake in this. If ordinary people can't work, they can't support themselves.


And why is that?

Why is there no social security fund that can help people out? Why aren't mortgage payments halted?

(Content Warning: Angry New Yorker)
Here's Vic Dibitetto being very on-point.

Why, in a nutshell, is the US government prioritizing help for corporations over help for citizens? Why aren't they using restrictions on their help programs similar to what the danish government is doing (TL;DR: the danish government only helps companies that do not pay out dividends, are not registered in tax havens and have not performed stock buybacks)?

If the stock market crashes, people like me whose pensions are in the stock market suffer. There are millions of us. I saw a figure one time about the percentage of people in USA who either participated directly in the stock market or who had 401 k accounts which are pensions. I don't remember it, but it is huge.


You know what would help there? Some form of universal basic income.
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