The Crypto Guy
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- Jun 26, 2017
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You can tell people are done with this, the roads are completely packed again. When it first started they were empty.
You can tell people are done with this, the roads are completely packed again. When it first started they were empty.
The population of those 65+ or those of any age who have preexisting conditions is probably a pretty lot of people.
Of those who recover, do they all recover to 100% or do some end up with lasting damage to their body?
Nationwide it sure seems like a lot of context is being left out if we are only looking at mortality rates of those who were under 65 and / or had zero preexisting conditions.
Of those who are intubated and survive a lot of them have lung damage or loss of lung capacity. As for others it certainly is going to make it worse for some with a preexisting or multiple preexisting conditions.
Speaking of older people and context I was reading an article today that in the United Kingdom for the last several years deaths of people in nursing homes were pretty steady at around 8000 for every April. This year it shot up to 26,000 with the govt. beancounters accounting 8000 of those to Covid-19. So 18,000 died of other causes? A lot of Brits are really suspicious about this count and suspect a lot more Covid deaths.
So there is a large population of people who are older than 65, also a large population with preexisting conditions of any age, and other than mortality there are other possible complications?
It is almost like that would be important context within any discussion about how to balance public heath with the economy.
Yes, please. That and medicare early and goodbye workforce. Nasty 401k hit between Feb. and March but have managed to rehabilitate my 401k by about half of the loss by buying a bunch of medical stocks and Clorox and riding the waves.Random policy idea. Would it make sense to focus on social security in any future stimulus plan? Allow full social security benefits at an earlier age to allow people that are in the high risk demographic to retire earlier than expected and not be forced to return to the work force right now? Especially now that a lot of people close to that age just took a big hit to their retirement accounts. Would also open up some jobs for all the currently unemployed that might not still have their jobs waiting for them.
I doubt there is a measurable difference in mortality rate between ages 65 and 67 wrt to this disease. In any event I don't see 65 year olds who commute (who must be reasonably healthy) as being a separate risk class for covid-19. Also, the unemployed in general do not have the same skill set as 65 year olds.Random policy idea. Would it make sense to focus on social security in any future stimulus plan? Allow full social security benefits at an earlier age to allow people that are in the high risk demographic to retire earlier than expected and not be forced to return to the work force right now? Especially now that a lot of people close to that age just took a big hit to their retirement accounts. Would also open up some jobs for all the currently unemployed that might not still have their jobs waiting for them.
wait for the mass of hipsters to migrate from Brooklyn and Manhattan to Westchester, and let the bidding war for my house commence.
I doubt there is a measurable difference in mortality rate between ages 65 and 67 wrt to this disease. In any event I don't see 65 year olds who commute (who must be reasonably healthy) as being a separate risk class for covid-19. Also, the unemployed in general do not have the same skill set as 65 year olds.
Giving full benefits at 62 is just crazy. That results in an increased monthly benefit of 30-40% for life. Someone who turns 62 this June who elects to receive benefits in July would normally receive 72% of their full benefit but if they receive 100% that's nearly a 40% increase. You'll get a lot of takers, especially as you don't actually have to retire to receive benefits.Well I was more referring to instead of taking partial retirement at 62, bumping that up to full benefits. And yes, there isn't a significant difference in mortality at those ages, my main concept was getting as many people in that whole age bracket as possible out of being forced to return to work when they are at risk.
You are correct about different skill sets, but it should have a ripple effect. 50 year old takes the recently departed 64 year old's job, 35 year old takes the 50 year olds, and open spot where the 35 year old used to be.
I have nothing to back this up, just thinking out loud.
After I left my office, I saw the most amount of people in mid-town that I have seen in months. I used to joke with people and say that I can easily cross the street and avoid anyone coming. On 6th avenue, that was not the case.You can tell people are done with this, the roads are completely packed again. When it first started they were empty.
Random policy idea. Would it make sense to focus on social security in any future stimulus plan? Allow full social security benefits at an earlier age to allow people that are in the high risk demographic to retire earlier than expected and not be forced to return to the work force right now? Especially now that a lot of people close to that age just took a big hit to their retirement accounts. Would also open up some jobs for all the currently unemployed that might not still have their jobs waiting for them.
But the mortality rate is so heavily skewed to that portion of the population that it makes sense in taking steps to protect these people and reopening the economy back up. Maybe these people and those that live with them continue to work from home and maybe nursing homes take on stricter measures.It is almost like that would be important context within any discussion about how to balance public heath with the economy.
I think in the past few decades the labor market has shown that it can be very brutal in removing redundant, superfluous and meaningless jobs from the workforce. Now if you're talking about government jobs ...A couple/three months ago I was reading the anarcho/anthropologist David Graeber's Bullshit jobs. Among Graeber's arguments was that many jobs were redundant, superfluous and meaningless let alone not productive or at all efficient and that people working such jobs for the most part understand the lack of value and meaning their jobs have and it's not good for them either psychologically or spiritually and stressed millions and millions out. He was kind of short on solutions for this dilemma but one thing he did talk about was UBI--enough so that a person could live without working and if they wanted or needed more they could choose to work to add to their UBI.
Giving full benefits at 62 is just crazy. That results in an increased monthly benefit of 30-40% for life. Someone who turns 62 this June who elects to receive benefits in July would normally receive 72% of their full benefit but if they receive 100% that's nearly a 40% increase. You'll get a lot of takers, especially as you don't actually have to retire to receive benefits.
Edit: And individuals who previously elected to receive a reduced benefit will be completely PO'd.
The number of Americans ages 65 and older is projected to nearly double from 52 million in 2018 to 95 million by 2060, and the 65-and-older age group’s share of the total population will rise from 16 percent to 23 percent. [1]
Older adults are working longer. By 2018, 24 percent of men and about 16 percent of women ages 65 and older were in the labor force. These levels are projected to rise further by 2026, to 26 percent for men and 18 percent for women.
According to a new analysis by the Department of Health and Human Services, 50 to 129 million (19 to 50 percent of) non-elderly Americans have some type of pre-existing health condition.
This seems good.I remember walking to the store the day after the stay-at-home order went to 100% of non-essential workers and it was like a ghost town. No one out walking around. For the past few weeks my neighborhood has more or less been back to normal albeit with most people wearing masks. Even seemed like there was a decent amount of traffic in and out of the city on the radio this morning.