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DetlefK

(16,423 posts)
Sat Apr 18, 2020, 10:32 AM Apr 2020

Let's go by the official US-government guideline how much a human life is worth in dollars:

https://en.wikipedia.org/wiki/Value_of_life

United States

The following estimates have been applied to the value of life. The estimates are either for one year of additional life or for the statistical value of a single life.

$50,000 per year of quality life (the "dialysis standard",[30] which had been a de facto international standard most private and government-run health insurance plans worldwide use to determine whether to cover a new medical procedure)[31]
$129,000 per year of quality life (an update to the "dialysis standard&quot [32][31]
$9.1 million (Environmental Protection Agency, 2010)[33]
$7.9 million (Food and Drug Administration, 2010)[33]
$9.2 million (Department of Transportation, 2014)[34]
$9.6 million (Department of Transportation, Aug. 2016)[35]


A human life is worth about $9 million to the US-government.

So, let's see: 320 million citizens, out of those 2% die. That's 6.4 million people dead. That's equivalent to $75.6 trillion in damages.

Which means that the US-government should, from a purely data-driven, economic and amoral point of view, prioritize human lives over economic damages UNTIL the foreseeable economic damage crosses that threshold.




With a measly $2 trillion aid-package passed, I don't think the US is anywhere near $75.6 trillion in suffered damages yet.

Once the situation in the US gets 10 times worse than it is now, then we can start worrying about the economy.
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Let's go by the official US-government guideline how much a human life is worth in dollars: (Original Post) DetlefK Apr 2020 OP
My life has never been worth 9 million. KentuckyWoman Apr 2020 #1
An Interesting Approach, Sir The Magistrate Apr 2020 #2
The problem is Chainfire Apr 2020 #3
I don't know. A neighbor has already paid for a cruise for November jimfields33 Apr 2020 #4
You will never catch me on another cruise ship Chainfire Apr 2020 #5
It will be awhile for me for sure jimfields33 Apr 2020 #6

KentuckyWoman

(6,679 posts)
1. My life has never been worth 9 million.
Sat Apr 18, 2020, 10:38 AM
Apr 2020

I love life. I fight to keep mine. I fight to keep yours too.
But 9 million bucks? I'm a nice lady who tries to make the world a better place every way I can, but I'm just not $9 Million.

And now that I'm pushing 80 and fairly decent shape except for a buggy ticker.... I'm not even sure spending quarter of a million on a heart bypass or some unforeseen illness is a good investment.

Chainfire

(17,531 posts)
3. The problem is
Sat Apr 18, 2020, 10:56 AM
Apr 2020

These assholes think that the economy can be restored before the people feel safe in going out. Even with just a high school education, I can tell them that it just ain't gonna happen. Trump is delusional thinking that, by Summer, the country will be better off than before this event began.

I have to figure that their plans involve a quick opening, a rapid (if temporary) rise in the markets, giving them a chance to dump more stocks bought dirt cheap in the last month. By the time the die-off from wave II begins, they will have positioned themselves in a financially better position.

Smart people, if they possibly can, will sit this out until there is an actual change in the lethality of the virus, brought by medical advances and not economic theory. I will not let the President or the governors decide for me when I should take the risk of dying for the benefit of the markets. I would rather live through a depression then spend eternity buried in a tomb of ignorance.

jimfields33

(15,786 posts)
4. I don't know. A neighbor has already paid for a cruise for November
Sat Apr 18, 2020, 11:22 AM
Apr 2020

And has money down on the next available. I think people are hungry for normal life. I am curious about Disney. First day open will be interesting. Will people go because they think they can ride more rides due to less people? Will do many think that way that the park is packed? I am going to watch from afar on that one. I’m 30 minutes from Disney. I actually miss Disney spring more then the park.

Chainfire

(17,531 posts)
5. You will never catch me on another cruise ship
Sat Apr 18, 2020, 11:45 AM
Apr 2020

The damn things are a perfect environment for spreading any kind of disease. The food and entertainment ain't good enough to die for.

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