Employment vs China Flu

Everyone knew the unemployment numbers were going to be ugly. They were. No suprise.

Reading a stat that says:

1000 Americans have lost their jobs for every 1 death that China Flu has caused.

Honest question.....what number is even flow or what is a death worth to per a job/family depression? We are at 1000 hurt families for 1 death.

Please dont start spewing the if we wouldn't have done the stay at home it could be worse. That's a point that is no way possible to debate when these projected numbers have been anything but accurate.

1000 lost jobs vs 1 death


What's your number of jobs to make 1 death meaningful?

Albatross,

I dont you said not to say it but i honestly believe if we were still working, then more people would get sick, which would lead to more deaths. This is just my opinion.

We are playing the "better safe than sorry" route.

I know people who are scared to go to work b/c they feel that they are in danger. And yes, they could be hit by a car on the way to work and people die of the flu all the time and blah blah blah.

Just my .02

So what's the number for you? Does this number change if you were to lose your job and have no income except the gumberment tit?

Respect your opinion, even though I believe different. Every man has to have a breaking point.....especially if they have a family to provide for.

Albatross said:

So what's the number for you? Does this number change if you were to lose your job and have no income except the gumberment tit?

Respect your opinion, even though I believe different. Every man has to have a breaking point.....especially if they have a family to provide for.

Click to expand...

I honestly dont have an answer. My wife and I have been lucky that we are still able to work and be paid in full (well, my A/R is getting higher and higher but i'm ok).

If i was home with little or no income coming in, my opinion would change and would be more stressed out.

In all of this, i feel the worst for my kids who are not hanging with their friends and doing their after school activities.

Albatross said:

Everyone knew the unemployment numbers were going to be ugly. They were. No suprise.

Reading a stat that says:

1000 Americans have lost their jobs for every 1 death that China Flu has caused.

Honest question.....what number is even flow or what is a death worth to per a job/family depression? We are at 1000 hurt families for 1 death.

Please dont start spewing the if we wouldn't have done the stay at home it could be worse. That's a point that is no way possible to debate when these projected numbers have been anything but accurate.

1000 lost jobs vs 1 death


What's your number of jobs to make 1 death meaningful?

Click to expand...

every country tracks this and has a team of economists that run the numbers. but unfortunately these numbers run off of the suggested 2.2M dead Americans (at least half <50) and not the new proposed number of 61k, which will then fall to 40k and perhaps 30k with very few <50YO

it's the old adage of data....garbage in = garbage out.

So, from a economics perspective this has been a disaster when you take into account stimulus, unemployment insurance payouts, loss of productivity, businesses going under, less tax money collected, etc etc.

the gov't will never tell us what the real $/death number is but that is the number they use, not deaths vs jobs. It's an actual dollar amount lost based on that person's productivity. Obviously as the vast majority of deaths are people either out of the work force or nearly out of the work force it makes the true loss of productivity an astronomical number because we've taken the most productive out of the work force

for example the cost of a suicide is well over $1M per death because they are typically younger and with many years of productivity remaining. But the loss of an 86YO is miniscule in comparison. If this virus was more deadly to the <50 crowd then it matches the measures taken but it clearly is not.

rolltide said:

So, from a economics perspective this has been a disaster when you take into account stimulus, unemployment insurance payouts, loss of productivity, businesses going under, less tax money collected, etc etc.

Click to expand...

Yep, it's absolutely been a disaster. And as you said Albatross, the projections are so bad that no one can sit here and claim we saved "x" amount of people. The wildcard in the mix is there's no vaccine. If there was one, they'd probably have a number in mind already and we would have moved on.