https://amgreatness.com/2020/12/29/the-virus-is-not-invincible-but-its-exposing-whos-irreplaceable-2/
When your refrigerator goes out under quarantine and your supplies begin to rot, do you really need another rant from Maxine Waters?
In all the gloom and doom, and media-driven nihilism, there is actually an array of good news. As many predicted, as testing spreads, and we get a better idea of the actual number and nature of cases, the death rate from coronavirus slowly but also seems to steadily decline.
Early estimates from the World Health Organization and the modeling of pessimists of a constant 4 percent death rate for those infected with the virus are for now proving exaggerated for the United States. More likely, as testing spreads, our fatality rates could descend to near 1 percent.
There is some evidence from Germany and to a lesser extent South Korea, that it may be possible to see the fatality rate dip below 1 percent. And with the breathing space from the lockdown, better hygiene (the degree of constant and near-obsessive cleaning at businesses that are still open is quite amazing), more knowledge and data, better medical protocols, the use of some efficacious drugs, warmer weather, and experience with the disease will, in perfect-storm fashion, begin to mitigate the effects of the virus.
Should we get the lethality rate down to German levels (currently two to three in 1,000), then we can cautiously assume that those who predicted that the coronavirus could eventually be contextualized as a bad, H1N1-like flu will no longer be demonized as nuts, and life can resume with reasonable precautions and focused quarantines and isolation.
In two or three weeks, if we can just allow most businesses to reopen, gear up to pandemic testing, track cases and contacts in the manner of past protocols that lessened polio, tuberculosis, AIDS, and measles outbreaks, and focus on the ill and elderly, then the economy will reboot.
But now the current economy is starting to resemble a patient in an induced coma, one whom no one knows whether he will recover after the respirator is disconnected. But still, there are reasons for optimism: historically low interest rates will eventually encourage bit-ticket buying.
After any war or national crisis, confidence soars with collective relief and people go out to eat, travel, buy, and consume. Airlines, and the entire commercial and private transportation sector, will receive a multi-billion-dollar subsidy in radically reduced gas and diesel prices. The same holds true for the utilities.