As a society, cost is much higher than cost to yourself only.
In the country right now there are a few dozen cases on a population of 60 million people. Even assuming there is hundreds or thousands of cases, the idea that I stay home (which is a trade-off, because I'm needed at work) isn't rational at all.
If I get sick I'll obviously stay home, as I always do to avoid spreading any disease. But to preemptively lock myself in to avoid a disease that isn't particular dangerous in 80% of people and that has barely spread anywhere is ridiculous.
It is really hard to tell, because it is still very new outside of China, and you can't trust any of the data coming from there -- so we won't really know for 2 more weeks, until the first big round of cases from open countries end in either recovery or death. That said, the Chinese statistics put median time between first symptoms and death (amongst fatal cases) at only 8 days -- and the 600 cases from the cruise ship are all older than that now, with 3 deaths as of yesterday, which suggests that the 2% mortality rate being bandied about is probably not wildly wrong. (It might be 1% or 3%, but probably not 10%+ like fearmongers are saying or 34% like MERS was -- unless fatalities from the cruise ship are being suppressed or there is something special about that group, or, I guess, if the median of 8 days turns out to be wildly, wildly wrong)
Concern seems highly warranted. Vigilance seems warranted. The "ZOMG we all gonna die!" going on does not.
But it sure does get ratings and score political points.
Edit: I have been using https://www.worldometers.info/coronavirus/ to view graphs and tables of the coronavirus data chopped a bunch of different ways. They list sources for all of it, though I haven't vetted the sources.
One of their charts shows a breakdown of closed cases into % cured and % dead. That is currently at 92%/8%, with the recovery rate continually improving, but flattening out. That graph makes it look like the mortality rate may end up higher than 2% -- but still probably not radically so, and we really are extrapolating from very little data.
I think there's a really large number of people who have been infected who will never be a "case", so I think 2% is still really high. Just look at e.g. Italy where there was no awareness of it spreading until people were already dying - meaning that it had been spreading for some time. Given that a large number of people seem to be asymptomatic or have mild illness, it's highly likely that many other people were infected in the same "cluster" and never knew.
This seems not to be very well understood, but it is really interesting.
So far there are no known cases affecting children under 2 (as of two days ago when I read the paper about coronavirus and children)
This is not the case, there have been a couple of babies infected in Singapore.
Vaccine creators aren't supposed to have billions of USD to make their job? What's the real problem here?
2. Test vaccine on animals
3. Prove to regulators vaccine is safe enough for limited human trials
4. Conduct limited human trials
5. Research effectiveness of vaccine / absence of side effects
6. Conduct broader human trials
7. Step 5 again
8. Scale up production of vaccine
Now, imagine that you can fail at any step and go back to the starting point.
Every day we waste people die.
https://en.wikipedia.org/wiki/Influenza_vaccine#Manufacturin...
It's not about you, but it can be hard to think about people other than one's self.
[1] http://weekly.chinacdc.cn/en/article/id/e53946e2-c6c4-41e9-9...
[2] https://web.archive.org/web/20200221051245/http://weekly.chi...
https://www.worldometers.info/coronavirus/coronavirus-age-se...
Am in the UK and not the US but given that I'm healthy and relatively young I don't really see the point. This disease is scary in the aggregate, i.e it imposes huge economic costs. The average case of it is basically having flu symptoms, and I never stayed at home unless I got sick during bad flu seasons.
I'm not really sure why people paint being infected with this like the bubonic plague or something, there is already a bunch of corona viruses raging around all the time anyway.
edit: lots of downvotes because I don't lock myself in because of a corona virus? People here seem to love hysteria a these days.