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COVID-19 Check-in
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I can tell you in a nicer way that hospitals all over the country are struggling and many are empty.
A very close friend of mine is head trauma surgeon at Methodist in Dallas and he said it has become a real issue.
Obviously not in New York city and I'm sure other areas are struggling as well.
But I'll end my post @pocoyo by wishing you and your family great health. I don't want you getting sick in central America.
I wrote this out a little earlier, but it looks like it got lost in the void when I edited a typo.
The gist of it was: if medical professionals and economists are both telling us that we should remain shut down (for now), where is this idea that we should open back up coming from? If we're not listening to them, who are we listening to? I know it seems like lifting restrictions would be good for the economy, but that is by no means a safe bet.
I study the economy for a living, and recent studies coming out of economics have suggested: A.) Places that closed down the soonest and adhered to social distancing the longest had more robust economic recoveries post-crisis. B.) Most importantly, I think, is that even if we do open up the economy and allow 1-2 million people to die, the economic impact of those deaths would far outweigh another couple months of shutdowns.
70% of GDP is directly tied to consumer confidence. If we open the economy and healthcare systems are overwhelmed, service workers are exposed in mass, and people we know start dying, it's highly likely that we see even less economic activity than we're seeing now in the shutdown.
Disclaimer: This all depends on the models projecting the epidemic. I don't feel qualified to comment on those, but I'm assuming that public health officials are putting out the best info we have available. They very well could be wrong, but if they're not, there's lots to suggest that opening things up could hurt the economy more than it could help.
Not necessary. Maybe read what you posted to me first and swallow one yourself. Pretty typical of you, actually.
@Supra The two scenarios you have offered up are interesting. The first A) states that places who closed first experienced more robust recoveries. The sentence is past tense, as if it already happened. The thing about economic studies is that at least half of the people who study economics for a living are wrong most of the time. It is the nature of the business and competing schools of thought. And then, B) from strictly an economic standpoint, how would the death of 1 million people over the age of 70 result in a negative economic outcome? The statistics on age mortality related to covid19 don’t lie. Massive transfer of wealth to a younger generation.. Less future social security outlay. Less future medicare expenditures.
We can talk about the heartbreak and premature loss of life being a legitimate travesty, but if you remove the emotional aspect and just study the numbers....
Well. Okay. Maybe my opinion is skewed by the fact that I'm in a country that is still trying to sell that this is no more dangerous than a common cold because, due to past "events" ,they are desperate for tax revenue. Example-- Costa Rica to the south has 700 confirmed cases. Honduras ,to the north, has 500. We have...wait for it...2 cases. Point is that I'm not there so I don't know, but I do see NY offering VERY big money to medical personnel. And with respect "head trauma surgeon" doesn't really apply here. Again, not there, don't know. But will echo your sentiment that I hope you and yours are, and will continue to be, well. We're doing what we can.
Yeah, he was definitely coming in with the whole deep state conspiracy angle. He also believes the elderly dying is a benefit to the country.
OK. Trust me, if I had one, I would. Whether I needed or not. Could use a little chill right about now. Don't forget to carry your assault rifle to your next "Open up" event. It's a great look.
No. @texdawg wasn't. Just want be clear about that. Other was but not him
Oh yeah it was @Bankwalker
Thank you. Compliment coming from "some people .
Mods---Is taunting allowed? Having fun here.
I’m at the point where I just dgaf any more. People are gonna act like children about this and I’m about ready to give up the ghost
I live in a county with a population of about 300,000. Our hospitals are at a capacity below their ability to make a profit - they're too empty. They are hurting financially, as are most of the hospitals in our entire state, to the point that elective surgeries have already been opened back up just about everywhere in SC.
Just curious. Since you seem to have a clear grasp of the economics of healthcare, can you connect the dots on the number of CV-19 diagnoses and the $$$ attached to it? My understanding is that hospitals, on average, receive $13k for each patient they diagnose with CV-19, and three times that amount if they admit them.
I watched the news a couple of weeks ago, as Dr. Fauci explained, in response to a question from the WH press corps, that if a patient with heart disease dies of a heart attack but had been admitted to the hospital with CV-19, they will most definitely list the latter as the cause of death.
I only mention this to complete the circle with @pgjackson's post, about a week ago, which you dismissed as "conspiracy theory."
Like @texdawg, I'm interested in the truth and the middle ground. You make plenty of good points on this thread @YaleDawg, but so does @pgjackson.
Zeus checking in⚡️