Your choice is between 3% and 0.15% - not 95% and 97%.
I don't think this individualistic way of looking at things is sound, though. First 3% mortality sounds way high - even given health system collapse (basically turning every ventilator survivor into a dead patient).
And on the other hand, mostly the old and those with pre-conditions will die - we alltake the vaccine to protect everyone. That way we might avoid a population wide 0.5% (or thereabouts) mortality rate.
That would still 1 in 200 - most people would likely know a handful of people dying from the disease if there's no mitigation.
I would put it differently: if we become covid carriers, we become spreaders. Those 3% are, thus, applied to a large population comprised of everyone we interact ina daily basis.
Thus even if at most the likelihood that we die of covid is only 3% tops, the likelihood that at least one person that catches covid from us does is proportional to the number of people we infect.
With a 3% fatality rate, the likelihood that at least one person we infect will die can reach 80% if we spread it to over 50 people.
If we infect someone over 60, the likelihood that they will die from covid grows from that 3% to about 20%.
So unless you are infected while living in a bubble, the real risk is far higher.
In addition I dont go out as I have elderly relatives who I dont want to sicken, they dont expect it, its my choice. So blaming others for being selfish is really missing the point and is an illustration of not really understanding the current economic situation.
At that point everything else suddenly becomes critical, because there is no ICU left.
Also, at least in CA, doctors/hospitals/dentists etc are only doing what is critical right now to avoid the whole hospital going into lockdown. That has large consequences for health outcomes and for the economy of those practises.
https://ourworldindata.org/covid-health-economy, and then specificaly this scatterplot: https://ourworldindata.org/grapher/q2-gdp-growth-vs-confirme...
(unfortunately, the graph doesn't include countries like china, vietnam, and many other asian countries, because that would make the trend even clearer.)
And there's already more dead from covid-19 in the US than casualties during the Vietnam War. Granted, more elderly people than young, but it's still a bit difficult to accept that it's insignificant.
Add to this what could happen with an exponential surge, with icus being over-run - and a) you'd end up being more likely to die from other causes, like a traffic accident - and b) many of the current covid-19 survivors would end up as casualties.
Here in Czech Republic it looks like we managed to avoid running out of capacity during the ongoing second wave, but just. The measures taken included canceling any elective and non-life-threatening surgeries, drafting medical school students, many foreign doctors that came to help and moving covid patients in critical state from overloaded hospitals hospitals.
We even built two full field hospitals which we will thankfully not need as it looks like. BTW, building one of them took about a week - which you migh not have, once you hit exponential growth. Not to mention having spare medical personnel to run it.
Good luck surviving among a bunch of simians, who think they have figured it all out.
Well, the vaccine hopefully doesn't kill you if it's ineffective, so the numbers aren't exactly comparable.
The reasoning in this comment is wild. Let's take it back to the math a moment:
Let's take your 3% chance of death (actually the population survival rate is significantly higher IIRC, but OTOH there's long haul COVID to consider too). If the vaccine is 95% effective, all else being equal you have a 3% chance of death without the vaccine, and a 0.15% chance of death with the vaccine. So the question becomes: is there a greater than 2.85% chance of the vaccine killing you or doing you crippling injury? If not, you're probably better off taking the vaccine.
0-19: 99.997% 20-49: 99.98% 50-69: 99.5% 70+: 94.6%
Edit - typo.
I would also mention that there are studies in peer review on patient populations in the United States which suggest IFRs closer to CDC planning scenario 4/5 than 3—for example, this one from Connecticut[1]:
18-29 0.01 (0.01–NE)
30-44 0.11 (0.06–1.74)
45-54 0.18 (0.11–0.63)
55-64 1.30 (0.68–16.94)
≥65 16.46 (6.58–NE)
We all hope for the best—that the lower bounds are true—but I think we should also be prepared for the reality that the upper bounds might be the correct ones, and act conservatively.Also, you know, all IFR estimates assume that patients will actually be able to access care. Without hospitals, IFR approaches IHR, and the hospitalisation rates from the Connecticut study are grim: 0.8%, 2.68%, 3.09%, 12.43%, and 79.89%.
[0] https://www.cdc.gov/coronavirus/2019-ncov/hcp/planning-scena...
[1] https://www.medrxiv.org/content/10.1101/2020.10.30.20223461v...
Also there is no proof that getting covid grants lifetime immunity, so lets assume immunity lasts a year, every year you now have a 3% chance of dying from covid using your numbers. 3% is not that low, there is a ~3% chance of rolling double sixes with 2 dice, and that happens all the time.
That was Purdue Pharma, not Pfizer.
https://en.m.wikipedia.org/wiki/Dengvaxia_controversy
https://ijme.in/articles/deaths-in-a-trial-of-the-hpv-vaccin...
https://www.nationthailand.com/news/30352154
Vaccine manufacturers have a poor track record of releasing dangerous barely tested vaccines onto populations, causing deaths and avoiding lawsuits.
Personally, I am skeptical about this vaccine, or any other rushed out for a disease with a 97% survival rate.
https://www.worldometers.info/coronavirus/?utm_campaign=home...
I've had lots of vaccines in my life, the thing is, all those were for diseases that had a high risk of crippling or killing me.
Why would I want a vaccine that is actually less effective than my chances of surviving?
If I get the vaccine, there's a 95% chance it'll work, if I get covid, there's a 97% chance i'll live.
All I know is, if you told someone they had a 97% chance of winning at a casino, they'd be down there in a flash.
Why would I choose to have some barely tested vaccine with not fully studied long term side effects made by companies who have extremely poor track records with medication in general?
Pfizer is bascially responsible for the oxycontin epidemic. Their reps bribe doctors into pushing their drugs.
Moderna's some secretive biotech company that just appeared out of nowhere with this whole covid thing.
What reason do I have to trust any of these companies over the 97% survival rate I can expect from getting covid?