Edit: According to Elon Musk and others.
The economic issues and the associated death increase was avoided only in countries which successfully managed to limit the spread of disease, which generally involved aggressive early lockdowns.
We should be looking at deferral of death, not just death count. Death is certain to everyone and I am reluctant to value everyone’s remaining life expectancy equally, at least as far as the healthcare system is concerned.
A much bigger issue is the lost of QALYs from lockdown but not from deaths, including the socio-economic impacts.
ONS have a more through report than a Sunday morning post from a phone.
https://www.ons.gov.uk/news/statementsandletters/estimatingt...
The people who mainly benefitted from lockdown measures are the over 60s
The people who mainly lost out were the under 35s
The recovery plan needs to address this - including fixing the massive wealth disparity. A generation of property owning shareholders who have retired have seen their wealth and income balloon over the last year (and decade). But it won’t, millennials will be screwed.
