Potential Economic Consequences of swine flu ALL POSITIVE

1984ReturnsForReal_2

http://forums.moneysavingexpert.com/showthread.html?t=1736749


I was thinking about this thread earlier whilst taking my dog for his 2nd walk of the day...
　
　
To get straight to the point, a lot is written about the cost of this pandemic to the economy.
　
　
To me these are just arguments made by economists trying to justify their own existence at a time when they are redundant..
　
　
Anyway, my view on the subject is that it has no detrimental effect on the economy at the time of depres.... recession.
　
　
The only way it would effect the economy to any measurable level would be if death rates rocketed. Should this happen it will be a positive effect. My reasoning is:
　
　
1) It would mostly kill the young, old & infirm. Therefore reducing the burden of benefits (pension, child & disability allowances) which would mean an instant drop in the burden to the tax payer.
2) The wage earners would have more excess money as a result of the above & therefore more money would be pumped into the economy from their pockets.
3) Inheritance tax would be collected at unprecedented levels
4) Pensioners who had more savings held up in banks would have their money distributed to their children listed in their wills & is mostly going to go on a new car, house, TV etc etc.
　
　
All harsh reading BUT very very true....


And then you go on to the green issues of it all...

Its all positive......

baileysbattlebus

1984ReturnsForReal wrote: »

http://forums.moneysavingexpert.com/showthread.html?t=1736749


I was thinking about this thread earlier whilst taking my dog for his 2nd walk of the day...
　
　
To get straight to the point, a lot is written about the cost of this pandemic to the economy.
　
　
To me these are just arguments made by economists trying to justify their own existence at a time when they are redundant..
　
　
Anyway, my view on the subject is that it has no detrimental effect on the economy at the time of depres.... recession.
　
　
The only way it would effect the economy to any measurable level would be if death rates rocketed. Should this happen it will be a positive effect. My reasoning is:
　
　
1) It would mostly kill the young, old & infirm. Therefore reducing the burden of benefits (pension, child & disability allowances) which would mean an instant drop in the burden to the tax payer.
2) The wage earners would have more excess money as a result of the above & therefore more money would be pumped into the economy from their pockets.
3) Inheritance tax would be collected at unprecedented levels
4) Pensioners who had more savings held up in banks would have their money distributed to their children listed in their wills & is mostly going to go on a new car, house, TV etc etc.
　
　
All harsh reading BUT very very true....


And then you go on to the green issues of it all...

Its all positive......

Every cloud..........................................................

StevieJ

I thought that the old were less at risk from this current flu thingy for some reason

baileysbattlebus

StevieJ wrote: »

I thought that the old were less at risk from this current flu thingy for some reason

I'm sure I read somewhere that older people may already have some immunity from swine - that it may have been around before.

I'm sure that I read the most at risk were children and young adults.

I'm not sure if those facts are still held to be true - you know how things change.

And according to Michael O'Leary (Ryan Air) you're only at risk if you're a slum dweller.

So that lets 95% of the Uk off the hook then. Nothing to worry about!!!!

1984ReturnsForReal_2

StevieJ wrote: »

I thought that the old were less at risk from this current flu thingy for some reason

They have flu injections every year & dont socialise as much as a groups (sorry to generalise).

But if it mutates which it will.... Anything can go.. or not go...

treliac

1984ReturnsForReal wrote: »

　
　
The only way it would effect the economy to any measurable level would be if death rates rocketed. Should this happen it will be a positive effect.

Fungus and the like could do okay.

nearlynew

What will they dream up next..............

Terrorists carrying swine flu.

That would be really scary.

:rolleyes:

chewmylegoff

firstly, certain strains of flu kill people with strong immune systems as they provoke an extreme response from the immune system which kills the person. therefore younger healthy people are more at risk than old people. a normal influenza vaccination would do nothing to protect you against swine flu.

secondly, if there was a proper pandemic which was killing lots of people the economy would be severely affected as most workplaces would shut down - as well as things like sporting events being cancelled - to attempt to control spread of the disease. if it was really bad you wouldn't even want to risk going to the supermarket. there would also be the cost of disposing of all the dead people to think about - although in reality they would probably just have to be burned in big piles...

mbga9pgf

One thing is sure, it would leave dead and buried the housing "supply and demand" argument

bluey890

1984ReturnsForReal
How many people does it need to kill to have 'positive consequences'?
One hundred, 2 thousand,10 million, everyone?

bluey890

I should add that I disagree btw.