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by dragonwriter 2232 days ago
> Lockdowns might save lives, and I can't blame public health officials for protecting their community, but I personally fear more lives will be lost due to economic costs. They just might be poorer, quieter lives.

That's a real issue in the developing world; in the developed world the resources exist to buffer the temporary additional low-end economic impact; not doing so effectively is a policy choice (and, in practice, a deliberate active one made when the alternative of providing the aid is presented), not an inherent corollary of lockdowns.

2 comments

> That's a real issue in the developing world; in the developed world the resources exist to buffer the temporary additional low-end economic impact

That seems like a pretty sterile way to describe it.

Right now, in the (presumably) developed US, 1 in 5 children don't have enough food, 3x the amount during 2008. That's a result of years of policy choices, but one particularly policy choice caused it to spike. If there's a resource buffer, it's not buffering.

https://www.brookings.edu/blog/up-front/2020/05/06/the-covid...

> Right now, in the (presumably) developed US, 1 in 5 children don't have enough food, 3x the amount during 2008. That's a result of years of policy choices, but one particularly policy choice caused it to spike.

Yes, the policy choice not provide the kind of mass aid (whether directly to citizens or through firms in a way which reasons the mass of the citizenry to protect empmoyment and pay) to the population that pretty much every other industrialized country facing this crisis has, even the ones (like Sweden) without mandatory lockdowns.

The US federal response to COVID-19, both in narrow public health measures and broader, including economic policy, measures (and structurally much of this has to be done at the federal level because of the way state and federal financing works) has been nothing short of mass murder by depraved indifference.

Life expectancy correlates strongly with per capita GDP in the developed world.

The losses in GDP caused by lockdowns will therefore very likely have a cost in lives in the developed world too.