Covid-19

Gaining Perspective – Covid-19

Each day, the media presents us with statistics such as 24 million people in the US have tested positive for the virus and over 405,000 have died from it since early 2020.

Covid vs deaths from all causes in perspective

The chart “Causes of death – USA – 2017” represents comprehensive data from the US Government. With a total population of 326 million and deaths in 2017 of 2.81 million, on average we have 0.87% chance of death from any cause in 2017. This is a 99.14% of living in that year.

When accounting for deaths in 2020 If deaths from all other causes remain the same and Covid is additive, then deaths will have increased to 3.22 million, a 14.4% increase. But we know that over 50% of the deaths from Covid are amongst people with other conditions. Thus, there is a likelihood that the increase will be less.

Cases and deaths by region in perspective

When accounting for deaths in 2020 If deaths from all other causes remain the same and Covid is additive, then deaths will have increased to 3.22 million, a 14.4% increase. But we know that over 50% of the deaths from Covid are amongst people with other conditions. Thus, there is a likelihood that the increase will be less.

Effects of the government lockdowns in perspective

Places that did not lockdown included Sweden and Florida. As can be seen, their death rates are significantly less that New York and Illinois that did. A notable exception is California with one of the lowest death rates in the county.

Examining the peak daily deaths confirms that states that locked down had higher rates with Illinois 1.8 times Sweden and New York 3.96 times Florida.

Even if lockdowns don’t increase deaths, they cause massive economic and emotional negative effects for a disease that has over a 99% survival rate for the average person.

Similar Posts

  • Buffalo Trip Part 1

    New York vs Illinois A friend posed the question:  Which state is in the worst shape – New York or Illinois.  My reply:  New York – because they continually spend on big projects with big expectations that do not turn out well – like the Buffalo Billions – with investments in battery manufacture.  Illinois investments…

  • Investing Perspective

    Here is a quote from John Thompson, CEO of Villas Capital in his quarterly newsletter of 10/10/18: Sitting in cash, or under one’s desk, in the name of prudence is ignoring the facts that consumers are healthy, many stocks are cheap, equity ownership creates wealth significantly above inflation, and trying to time the market is…