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applegrove

(118,676 posts)
Sun Dec 26, 2021, 04:12 PM Dec 2021

The vax saved billions in GDP

The vax saved billions in GDP

Worth Sparkman at Axios

https://www.axios.com/local/nw-arkansas/2021/12/26/the-vax-added-billions-to-gdp

"SNIP.....

The COVID-19 vaccine generated economic savings of $438 billion — equal to 2.3% in the real gross domestic product — to the U.S. this year.

The big picture: Even though only 61% of the U.S. population is fully vaccinated, its widespread adoption reduced the overall burden on the health care system and kept much of the workforce well enough to stay productive.

* Authors of the study, released by Bentonville-based Heartland Forward, note they couldn't capture the many intangible benefits, such as the sense of hope and optimism, increased quality of life and improved mental health as a return to normal became reality.

Why it matters: The speed at which the COVID-19 vaccines were developed and distributed may be a proof of concept for future innovations from public-private partnerships in health care and other industries that require major research investment.

......SNIP"

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The vax saved billions in GDP (Original Post) applegrove Dec 2021 OP
K & R...nt Wounded Bear Dec 2021 #1
Which also means the antivaxxers cost the country hundreds of billions in GDP... RockRaven Dec 2021 #2
Or, We Could Blame Them... ProfessorGAC Dec 2021 #3

ProfessorGAC

(65,057 posts)
3. Or, We Could Blame Them...
Sun Dec 26, 2021, 04:53 PM
Dec 2021

...for the economy not being even better.
Since it's been in positive territory all year, it would have been superior if 30% of the population wasn't such a bunch of fools.

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