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Old 29th Jul 2021, 03:11
  #6638 (permalink)  
Lead Balloon
 
Join Date: Nov 2001
Location: Australia/India
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Originally Posted by MickG0105
$450 billion, $600 billion - call it $525 as an estimate with ±15 percent error bars. Is the spend more than the value of statistical life figure? Yes, most assuredly. Is it 'orders of magnitude higher'? No, most assuredly not.
<snip>.
I've not used the phrase "orders of magnitude higher". And so what if the spend is not of that magnitude?

You're supposed to be a numbers and facts person. The fact is that, on your numbers, the ever-increasing costs of the response are already greater than the statistical costs of the estimated lives saved. Leave the value judgment as to what to do or not to do about that to others.
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