Greenwald on Cost-Benefit

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Thursday, August 26. 2021

Greenwald on Cost-Benefit

The Bizarre Refusal to Apply Cost-Benefit Analysis to COVID Debates. Are those who oppose a ban on cars or a radical reduction in speed limits sociopaths, given the huge number of people they are knowingly consigning to death or maiming?

Posted by The News Junkie in Hot News & Misc. Short Subjects at 10:52 | Comments (16) | Trackbacks (0)

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QUOTE:

Greenwald on Cost-Benefit

Well, you might start with the primary cost: U.S. COVID deaths in 2020 were about ten times that of automobile deaths. There have been 2.5 million hospitalizations due to COVID.

Vehicle usage is restricted. To drive a motor vehicle requires a license, which is acquired only after a test, and training is required for larger motor vehicles. Insurance is also required, with the cost determined by driving record. Furthermore, motor vehicles have many different safety features, and roadways are regulated for speed and other facets of driving.

If 400,000 per year died on the highways, then you can be fairly certain society would impose more regulations to limit the number of deaths and hospitalizations.

Motor vehicles have many benefits, including vastly increased economic efficiency. COVID has no benefits. The U.S. engaged in partial shutdowns which damaged the economy, but widespread recalcitrance in the face of social mitigation policies made those policies much less effective. Lose, lose.

#1 Zachriel on 2021-08-26 11:55 (Reply)

Of course they are sociopaths. They see the little people as two dimensional objects they can manipulate for personal gain.

In the case of COVID we tried to debate the cost/benefit ratio here at MF, but were told human life is priceless (so the economic losses were worth it) and the implication that COVID victims were more important than people dying from the secondary and tertiary effects of COVID (inability to get medical diagnosis for serious diseases, suicides from depression, business failure, drug overdose etc).

The same principle applies to other issues such as global warming. Those who recognize the chance for personal gain and advancement align themselves with the truly frightened, and we've seen the results.

#2 feeblemind on 2021-08-26 12:19 (Reply)

Speaking of cost-benefit and Covid-19, some hard data this morning. Hat tip to voxday.net

QUOTE:

Hard evidence is coming in from the United Kingdom,
https://chriswaldburger.substack.com/p/bombshell-uk-data-destroys-entire
and it conclusively establishes that the vaccines are NOT reducing the likelihood of a Covid-infected person dying.

The UK government just reported the following data, tucked away in their report on variants of concern:

Less than a third of delta variant deaths are in the unvaccinated.

Let me say that another way – two-thirds of Delta deaths in the UK are in the jabbed.

To be specific: From the 1st of February to the 2nd of August, the UK recorded 742 Delta deaths. Out of the 742 deaths, 402 were fully vaccinated. 79 had received one shot. Only 253 were unvaccinated.

Look at the bottom line: 402 deaths out of 47,008 cases in vaccinated; 253 deaths out of 151,054 cases in unvaccinated. If you get covid having been vaccinated, according to this data, you are much more likely to die than if you were not vaccinated!

Do the math. An unvaccinated individual in the UK who contracts COVID has a 1 in 597 chance of dying. A fully-vaccinated individual has a 1 in 117 chance of dying, which is 5.1 times greater.

The vaccines are clearly not effective, as they actually increase one’s risk of dying of Covid. And that doesn’t even account for the mounting evidence of serious adverse effects.

#2.1 jdgalt1 on 2021-08-26 13:01 (Reply)

QUOTE:

Uh, no.

In the U.K., vaccination rates are very high, especially in the older population, so what you see is the expected pattern of an effective but imperfect vaccine.

To simplify, consider if every person over 60 were vaccinated. As the vaccine isn't perfect, and people have varying health challenges, some will still die of COVID. The statistics would show that 100% of COVID deaths in this cohort are vaccinated. Every last one.

Vaccination rates in England

#2.1.1 Zachriel on 2021-08-26 13:46 (Reply)

feeblemind: In the case of COVID we tried to debate the cost/benefit ratio here at MF, but were told human life is priceless (so the economic losses were worth it) and the implication that COVID victims were more important than people dying from the secondary and tertiary effects of COVID (inability to get medical diagnosis for serious diseases, suicides from depression, business failure, drug overdose etc).

Not sure who told you that. What is true is that the number of excess deaths due to suicide or drug overdoses is dwarfed by the number of excess deaths due to COVID. As for access to healthcare for other reasons, that is a serious problem because the healthcare facilities are overrun with COVID patients.

#2.2 Zachriel on 2021-08-26 13:49 (Reply)

Z, what is your opinion of Ivor Cummins Gompertz curve analysis?

#2.2.1 Louis miller on 2021-08-26 14:03 (Reply)

Louis miller: Z, what is your opinion of Ivor Cummins Gompertz curve analysis?

Cummins argued that the U.K. was reaching herd immunity in January, and there would be no second wave.
Daily new confirmed COVID-19 cases per million people

Most any data can be fit to a curve. Like most so-called curve-fitting, it is, at best, a hypothesis, not a conclusion.

#2.2.1.1 Zachriel on 2021-08-26 15:12 (Reply)

QUOTE:

KiddieZ: As for access to healthcare for other reasons, that is a serious problem because the healthcare facilities are overrun with COVID patients.

That is patently false but not unusual for you KiddieZ who always try to rewrite history and make up shit.
Did yall forget those floating naval hospitals, one anchored in Brooklyn,the other in Long Beach that basically were never used.
Or did you forget all those mobile Army hospitals set up all over the U.S. that were basically never used.
There were plenty of medical facilities that were not used because of the lack of patients.
Try peddling your bullshit elsewhere.

#2.2.2 Zachinoff on 2021-08-26 16:45 (Reply)

Making up shit is what the Zach bot is all about. Zach swore Trump was guilty due to the 17 intelligence agencies saying so and the Steele dossier that was a real gold standard. It appears those same 17 intelligence agencies helped screw up the afgan departure.

#2.2.2.1 indyjonesouthere on 2021-08-26 17:40 (Reply)

indyjonesouthere: Zach swore Trump was guilty due to the 17 intelligence agencies saying so and the Steele dossier that was a real gold standard.

Huh? The finding of the intelligence community concerned whether or not Russia interfered in the U.S. election. It did.

That's not relevant to this thread, though.

#2.2.2.1.1 Zachriel on 2021-08-26 18:16 (Reply)

It's relevent because the entire russia, russia, russia, was narrative.

#2.2.2.1.1.1 indyjonesouthere on 2021-08-27 00:32 (Reply)

That's comical as hell coming from the king of changing terms of the debate--something you just did by pretending your original assertions years ago were simply about Russian interference and NOT "collusion".

#2.2.2.1.1.2 SK on 2021-08-27 07:40 (Reply)

SK: something you just did by pretending your original assertions years ago were simply about Russian interference and NOT "collusion".

You are conflating different claims, as did indyjonesouthere. In any case, it's not relevant to a thread about cost-benefit analysis and COVID.

#2.2.2.1.1.2.1 Zachriel on 2021-08-27 08:53 (Reply)

I'm not "conflating" anything. (Use of that word, by the way, is a shiboleth, and it's indicative of a weak argument. Consider finding a less freighted way to express yourself. Or not--it tells others quite a bit about what's to follow.)

You're deflecting, just like you did in our last go 'round about the Afghanistan fiasco, when you attempted to make the debate about whether we should have gone there in the first place instead of how the drawdown is being mishandled right now.

But that's what you do in almost every argument. It gets tiresome, and in the case of Afghanistan gruesome.

Now where's you essay on The Bard and the Dogg?

#2.2.2.1.1.2.1.1 SK on 2021-08-27 09:39 (Reply)

How to Rap Shakespeare

#2.2.2.1.1.2.1.1.1 Zachriel on 2021-08-27 17:09 (Reply)

Welcome to the Forever Pandemic

https://www.dailysignal.com/2021/08/25/welcome-to-the-forever-pandemic/

#3 feeblemind on 2021-08-26 14:22 (Reply)

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Thursday, August 26. 2021

Greenwald on Cost-Benefit