Originally Posted by
MickG0105
It is most likely the liberal sprinkling of facts and basic mathematics that makes the rhetoric look better.
Now, that's manifestly and demonstrably incorrect, isn't it? In our discussions I was very clear that there are "non-financial" costs that are difficult to convert to properly estimated dollar costs. Remember this?
So, to be very clear I most assuredly did acknowledge 'the costs that you don't measure in dollars' and I provided an estimate that went into the calculation. Moreover, I invited you to provide an alternate cost if you didn't like the $40 billion estimate.
So, on your estimates of the 'financial' and 'non-financials' back then were: $450 billion 'spent' by governments collectively and $40 billion in 'non-financial costs'.
What does 40,000 lives saved (to go the extremes of the estimate) times $5 million add up to? Maybe we're mixing US billions with Australian billions?