ANALYSIS: In this pandemic, economists are calculating the monetary value of a human life — and there are no winners
Chinese authorities had attempted to eradicate the virus with the complete shutdown of Wuhan, ultimately without success.
A similar program here, he explained, would deny us immunity to the virus and would require controlled borders for a very long time.A complete shutdown of the economy for an indefinite period would ruin countless lives, destroy families and jeopardise future generations. The Prime Minister was at pains to point out that the strategy and the modelling was designed to ensure our health systems could cope with the expected rise in infections and sickness that we needed to return to normality.
The $240 billion economic lifeline has a finite life. It comes to an end in just a few months, even though as a nation we will be paying for it for years, even decades, to come.It doesn't seem that asthma is a particular risk for more severe or intensive care admission of COVID-19The leaders of Italy, Spain and America will be castigated for not heeding the warnings and allowing the unnecessary deaths of thousands of their countrymen.
If Mr Morrison succeeds in limiting the health fallout for Australians and we emerge with benign indifference, he most likely will be scolded for reckless overspending and saddling the nation with debt.
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