…or at least trying to I’ve lost track of time. These days it’s like living in a loop, to some extend. There’s no weekend, no week day. There’s checking in with family and friends, scrubbing hands with soap and water, watching (mostly local) press conferences while holding my breath for the latest updates, which never […]
“You may not have the power to fire a bad cop, but you must make it clear to your unprofessional peers that racism and abuse of power are not tolerated. They make your job more difficult and they endanger your safety every day.”
Vice President Yemi Osinbajo has said that the Buhari administration is working Together with State governments across the country, and all other stakeholders, to deal decisively with the problem of rape and gender-based violence in Nigeria.
The quarrel between Adams Oshiomole and his successor, Godwin Obaseki accelerated on Tuesday after the latter announced his resignation from the All Progressives Congress, APC shortly after meeting President Muhammadu Buhari. Shedding light on the issue, Presidential Spokesman, Femi Adesina during a recent interview on with Attah Ikideh, disclosed that President Buhari tried severally to […]
ABUJA, Nigeria – Edo State Governor, Godwin Obaseki, says he is upbeat about the forthcoming governorship primary of the All Progressives Congress (APC). The ruling party had fixed June 22 for the exercise. On Monday, the APC adopted direct primary. Also today, Obaseki presented his Expression of Interest Forms to President Muhammadu Buhari at the […]
PHILADELPHIA (CBS) — Governors in Pennsylvania, New Jersey and Delaware have a lot to consider before fully reopening. If they open too quickly, that could result in more deaths, according to a new model from the Wharton School at the University Of Pennsylvania.
Reopening states’ economies certainly comes with a cost, and that could result in more deaths.
But some economists argue not only can you put a value on human life, but they urge elected officials to do just that when making policy decisions.
The Wharton School just unveiled a model that looks at several different scenarios that could happen as states begin to lift stay-at-home orders.
“The economic costs have been enormous and we are suffering really significant, unprecedented costs as a result of these policies,” said Alex Arnon, senior analyst at The Penn Wharton Budget Model.
Here’s what the model shows: if states continue stay-at-home orders, the model predicts, nationwide, roughly 117,000 COVID-19 deaths from May 1 through the end of June, with 18.6 million jobs lost.
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Partially reopening would result in additional deaths during the same time, with 14 million jobs lost.
But if all states fully reopen, it estimates nearly 350,000 COVID-19 deaths by the end of June, with a half-million jobs lost. So, the data shows the number of deaths could surge if states open too quickly.
“How we value lives against economic outcomes, these are decisions that we need to make democratically through our elected officials,” said Arnon.
So what is the value of a human life? Pre-COVID-19 the Centers for Disease Control and Prevention and other federal agencies put it at roughly $10 million a person.
As for the Wharton model during the pandemic.
“We are not trying to put a value on the lives, we cannot do that, but we do want to give people and policy makers some scale of what the tradeoffs are,” Arnon said.
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The simulator uses data from Johns Hopkins, the American Community Survey and other sources and the data is updated weekly, so the results could change.
To see the model, click here.
[ad_1] Casting for the highly anticipated film, with Foxx in the lead role, was first announced in 2014 but after a six-year hiatus there had been some doubts about whether it would be made. Speaking to Hollywood producer Mark Birnbaum in an Instagram Live interview on Thursday, the 52-year-old actor, who is also a comedian, […] […]
This year has two stories that have consumed the media, Coronavirus and George Floyd. Important, yes, but deserving of all the attention, no. You see, when you make something THE story you ignore many other important topics. For me it is childhood sexual abuse. This is an anathema for me that it goes unreported and […]