The mises.org is a radical Libertarian propaganda site, which makes this article very questionable, considering the source.
The mises.org is a radical Libertarian propaganda site, which makes this article very questionable, considering the source.
we get at least 990,000 infections in the U.S. The number of cases reported on March 19 in the U.S. was 13,677, more than 72-fold lower. These numbers imply a fatality rate from Covid-19 orders of magnitude smaller than it appears….If our surmise of six million cases is accurate, that’s a mortality rate of 0.01%, assuming a two week lag between infection and death. This is one-tenth of the flu mortality rate of 0.1%.
But even this may be too low since tests may return false negatives nearly one-third of the time .
Meanwhile, one new study in Massachusetts found one-third of people randomly tested on the street tested positive for COVID-19.
If it is the case that the mortality rate of Covid-19 is .01% that would require that 450,000,0000 Americans have contracted Covid 19.
For some strange reason, I think that is impossible.
Relying on a test that gives one-third false negatives is fraught with peril if it also gives one-third false positives.
Let's look at the math.
1 million tested - 1,000 are truly infected.
False negatives would lead to only reporting 667 have the virus
False positives would result in reporting 329,670 have the virus who don't plus the 1,000 truly infected.
When the infection rate is actually low any false positives are going to dramatically show there to be more cases then there truly are.
Libertarians are idiot goofs, probably even a little worse than Communist idiot goofs.
At least Communists believe in educuation, borders, a military & equality & housing for the poor.
Libertarians are a colossal joke, they would just let everyone die of Covid-19 without action.
They would just let any foreigner come in & setup media, or Hollywood.
They would just let in tons of immigrants.
They wouldn't value education, thus lots of illiterates, who can't produce.
They wouldn't value pollution regulations, thus lakes back on fire like before the EPA.
With a small military, basically anyone can trample them.
With poor & unhealthy dying in the streets not taken care of.
With tons of Capitalist Corporate Monopolies which behave like Communist government monopolies, cutting corners, creating junk & bland products, and jacking up prices.
If it is the case that the mortality rate of Covid-19 is .01% that would require that 450,000,0000 Americans have contracted Covid 19.
For some strange reason, I think that is impossible.
If it is .12 it would mean 38 million have contracted it. Possible, but not likely.
Relying on a test that gives one-third false negatives is fraught with peril if it also gives one-third false positives.
Let's look at the math.
1 million tested - 1,000 are truly infected.
False negatives would lead to only reporting 667 have the virus
False positives would result in reporting 329,670 have the virus who don't plus the 1,000 truly infected.
When the infection rate is actually low any false positives are going to dramatically show there to be more cases then there truly are.
"In review, Mises Institute publishes articles with a critical tone of the Trump administration..."
Refute the article, Pebble by Pebble.
#irony
#moron
The mises.org is a radical Libertarian propaganda site, which makes this article very questionable, considering the source.
Libertarians often complain about Libertarian actions, like loose border control with lots of Illegal Immigrants, like mass Outsourced jobs by CEO's & board room executives, like media & Hollywood biases against them, like Pornography, Strip clubs,, Abortions by Hospitals, Gay Bars, and Illicit drugs pouring in.
Read the rest of the page. They report Fake News.
How old are you?
"In review, Mises Institute publishes articles with a critical tone of the Trump administration..."
Refute the article, Trumper.