{"id":279,"date":"2020-12-21T15:56:01","date_gmt":"2020-12-21T15:56:01","guid":{"rendered":"https:\/\/itchingears.com\/?p=279"},"modified":"2020-12-21T15:59:33","modified_gmt":"2020-12-21T15:59:33","slug":"stimulus-comes-to-17-million-per-life-saved","status":"publish","type":"post","link":"https:\/\/itchingears.com\/index.php\/2020\/12\/21\/stimulus-comes-to-17-million-per-life-saved\/","title":{"rendered":"Covid Stimulus Program Comes To $17 million per life saved&#8230;.."},"content":{"rendered":"\n<p><strong>COST PER LIFE SAVED<\/strong><\/p>\n\n\n\n<ul><li><strong>The $3.3 Trillion Federal stimulus spending equates to $3 &#8211; $31M per live saved.&nbsp; See assumptions below.&nbsp;<\/strong><\/li><\/ul>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" width=\"975\" height=\"364\" src=\"https:\/\/itchingears.com\/wp-content\/uploads\/2020\/12\/covid-stats-table1.png\" alt=\"\" class=\"wp-image-281\" srcset=\"https:\/\/itchingears.com\/wp-content\/uploads\/2020\/12\/covid-stats-table1.png 975w, https:\/\/itchingears.com\/wp-content\/uploads\/2020\/12\/covid-stats-table1-300x112.png 300w, https:\/\/itchingears.com\/wp-content\/uploads\/2020\/12\/covid-stats-table1-768x287.png 768w\" sizes=\"(max-width: 975px) 100vw, 975px\" \/><\/figure>\n\n\n\n<ul><li>This analysis uses the most recently published fatality estimates by the CDC, adjusted for asymptomatic cases (they estimate 40% of cases are asymptomatic).&nbsp; Asymptomatic cases = infected but no symptoms (immune systems fights off quickly enough before developing symptoms).&nbsp; Below are the estimated fatality rates compared to the flu.&nbsp;<\/li><\/ul>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" width=\"475\" height=\"164\" src=\"https:\/\/itchingears.com\/wp-content\/uploads\/2020\/12\/covid-stats-table2.png\" alt=\"\" class=\"wp-image-282\" srcset=\"https:\/\/itchingears.com\/wp-content\/uploads\/2020\/12\/covid-stats-table2.png 475w, https:\/\/itchingears.com\/wp-content\/uploads\/2020\/12\/covid-stats-table2-300x104.png 300w\" sizes=\"(max-width: 475px) 100vw, 475px\" \/><\/figure>\n\n\n\n<ul><li>First, we breakdown the age distribution in the US and apply these death rates at varying infection rates, ranging from 50% to 100%.&nbsp; Notably, the commonly quoted threshold for herd immunity is 70%.&nbsp; That said, a scenario in which 100% of the population would have been infected with COVID, with no lockdowns\/restrictions\/etc., before the vaccine was available, would have been highly unlikely.<\/li><li>Next, we sum the deaths per age group and compare it to the total COVID deaths to date.&nbsp; This variance is what we\u2019ll refer to as the number of \u201clives saved.\u201d&nbsp; This is conservative estimate, because the total number of deaths is going to end up much higher than where it currently sits.&nbsp;<\/li><li>Finally, we consider the cost per \u201clife saved\u201d, based on the $3.3T federal government spending.&nbsp; We provide ranges, showing the cost per life saved assuming lockdowns\/restrictions accounted for anywhere from 25 \u2013 100% of \u201clives saved.\u201d&nbsp; It is worth noting that 74% of cases in NYC have been traced to household spread, which lockdowns\/restrictions have a minimal effect on (families still gather for holidays\/birthdays\/etc., if you can\u2019t watch the game at the bar you watch it at your house with friends, etc., regardless of limits on private in home gatherings).&nbsp; The cost per life comes out to a range of $3 \u2013 31M, and is still conservative considering it doesn\u2019t account for state\/local government spending, lost tax revenue, and total COVID deaths will end up much higher when all said and done (therefore \u201clives saved\u201d will be lower).<\/li><\/ul>\n","protected":false},"excerpt":{"rendered":"<p>COST PER LIFE SAVED The $3.3 Trillion Federal stimulus spending equates to $3 &#8211; $31M per live saved.&nbsp; See assumptions below.&nbsp; This analysis uses the most recently published fatality estimates by the CDC, adjusted for asymptomatic cases (they estimate 40% of cases are asymptomatic).&nbsp; Asymptomatic cases = infected but no symptoms (immune systems fights off [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[9],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v15.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Covid Stimulus Program Comes To $17 million per life saved..... - ITCHING EARS - A &quot;Best Of&quot; Blog Linking To Content From Around The Web<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/itchingears.com\/index.php\/2020\/12\/21\/stimulus-comes-to-17-million-per-life-saved\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Covid Stimulus Program Comes To $17 million per life saved..... - ITCHING EARS - A &quot;Best Of&quot; 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