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A comment on UK government to pay up to 80% of wages for employees not working. Parent comment

Re:UK government to pay up to 80% of wages for employees not... by AntonStratiev on Friday March 20, 2020 @02:45PM (#22640335)
What does a pound or a dollar even represent anymore? They are being printed and given out with little consideration to the impact.

I think we are going to see hyperinflation at some point, particularly if this is dragged on for the 18 months necessary for a vaccine.

Why would I go in to work and stack shelves when the Government will just give me money to sit at home? Why would I even go into the hospital to operate a Ventilator?

The point is that the UK (and many other countries) are essentially 100% oriented around COVID-19, to the extent that the entire resources of the country and its people are dedicated or impacted by it.

Lets reiterate the death rates, from Imperial College's own report:

0-9: 1 in 50,000

10-19: 1 in 16,667

20-29: 1 in 3,333

30-39: 1 in 1,250

40-49: 1 in 667

50-59: 1 in 167

60-69: 1 in 45

70-79: 1 in 20

80+: 1 in 11

The above is slightly less than the risk of death from any cause.

[ Parent | on HN ]
Re:UK government to pay up to 80% of wages for employees not... by mhotchen on Friday March 20, 2020 @02:55PM (#22640440)
Why does anyone do anything at all? Mate, if everyone sat on their arses all day we wouldn't have been the species that we are.

> The above is slightly less than the risk of death from any cause.

So let's slightly less than double the death rate for anyone that catches this _highly_ contagious disease? Get real mate, come on.

[ Parent | on HN ]
Re:UK government to pay up to 80% of wages for employees not... by michaelmrose on Friday March 20, 2020 @02:50PM (#22640388)
People might not go in to stack shelves but they will go in to save their fellow citizens lives. 1 in 3333 20 somethings and 1 in 1250 30 somethings is still a fuck ton of people. This is basically the base of your economy.
[ Parent | on HN ]
Re:UK government to pay up to 80% of wages for employees not... by ClumsyPilot on Friday March 20, 2020 @10:37PM (#22643797)
Because all of your numbers are wrong and assume that the person gets the best intensive care possible. In a pandemic like Italy, the healthcare system is overwhelmed and you cant get care an ventilator. Then death rates go up 20x, and yound people start dying too.

You would do those things because collective survival of organised civilisation depends on it

[ Parent | on HN ]