The shutdown in Australia has cost 2,709 more lives that it has saved.
The treasurer Josh Frydenberg says the current restrictions Australian governments have adopted to stop the spread of coronavirus – restrictions likely to taper down from this Friday – are resulting in a reduction in economic activity worth $4bn per week.
There have been a total of 20,434 laboratory confirmed notifications of Influenza in Australia for 2020, at the start of 18 May.
By October 6, 2019, more than 800 influenza-associated deaths had been officially recorded, and 310,011 laboratory-confirmed flu notifications by the beginning of December
That means using those figures and ratios, approximately 52 people would have already died of the flu in Australia in 2020. A flu for which we already have a vaccine. Only approximately 100 people have died of COVID19 in Australia in 2020, for which we not only have no vaccine, but closed the country down for. Around 1,000,000 have lost their jobs already.
Around 1,160 people have committed suicide in Australia in 2020(the national average).
So for a "deadly" virus, that is running wild (no vaccine), we have laid off 1,000,000 people, lost approximately $32,000,000,000 out of the economy, and only lost 2x the amount of people that have died from the regular flu.
12x more people have committed suicide in that same time.
Japan population 126.5 million (2018) no lockdown and sea border with China:
Confirmed cases 16,103 ,Recovered 9,868, Covid deaths 696
If Japan had a similar population to Australia, they would have had 140 deaths. 40 more than Australia had.
The actual figure in academic research is a 37,000 increase for each percentage-point rise in the unemployment rate. It comes from a book called “Corporate Flight: The Causes and Consequences of Economic Dislocation” by Barry Bluestone, Bennett Harrison and Lawrence Baker.
The comments come after the Australian Bureau of Statistics (ABS) announced the unemployment rate rose from 5.2 per cent in March to 6.2 per cent in April.
Australia had a 1% rise in unemployment in 1 month. If you use the 37,000 figure for the USA, and ratio it down to Australias population, it would mean that the shutdown, and unemployment rise in Australia, has cost the lives of 2,849 people.
As noted earlier, Japan, which had no lockdown, had 40 more deaths than Australia(when the population and death rates were adjusted to equal Australia).
So from 2,849 we can subtract the 100 COVID19 deaths, and another 40 deaths.
That means, the lockdown in Australia has actually caused 2,709 deaths.
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