I’d be much happier with a post with the target I think you’re aiming at if there was some comparisons to as many other pandemic events as possible.
To be honest I don’t find the bit about global GDP loss or the lack of follow through with some planned program funding that convincing or even relevant. Most of the programs announced in 2022 were likely all suggested in 2020 or 2021 so likely more knee-jerk “we have to show the people we’re doing something” rather than well thought out. Then in 2022 and 2023 you have politics starting to dominate and since they are competing with other spending needs may well have been poor options for spending (compared to preventing future pandemics or other programs that also have some greater discounted value to social welfare and overall health). So not clear that we should take each or even any of them as good ideas we should have implemented.
Similarly, looking at global GDP from the World Bank data it’s not clear that the hit to GDB was as bad as claimed. Sure, 82T is a big number. So is 17T but over 5 years in the context of global GDP not so shocking. I think that was a case of seeing something big in isolation and so thinking it’s a bigger issue and it real is. Also, MR had a post about the impact to income in the USA and the government response. The estimate was the the lock-down reduces incomes by $15B a month. But the government support in response was something like $30B a month. A bit hard to see that situation supporting a big hit to GDP/incomes. I would agree that the USA situation is not representative of the world, but not too different from other developed countries (which I would include China in) and those are the countries that drive global GDP. The chart on the World Bank site supports the supply shock to GDP for 2020 but then basically a return to the prior growth path, or even a steeper one. So I don’t actually see that it’s an easy case to make that we had some significant, persistent negative impact to global GDP. As such, I’m not seeing how this might support any claims about human’s not having learned anything from the pandemic.
Feel like I should add one quick point as well. I think it’s a mistake to make the type of aggregate claim “humanity learned almost nothing”. That is either a claim that no one learned much or just wrong. as such I think framing the question that way is likely to lead one into a sub optimal analytic framework and so reduce whatever value such an inquire might produce.
I’d be much happier with a post with the target I think you’re aiming at if there was some comparisons to as many other pandemic events as possible.
To be honest I don’t find the bit about global GDP loss or the lack of follow through with some planned program funding that convincing or even relevant. Most of the programs announced in 2022 were likely all suggested in 2020 or 2021 so likely more knee-jerk “we have to show the people we’re doing something” rather than well thought out. Then in 2022 and 2023 you have politics starting to dominate and since they are competing with other spending needs may well have been poor options for spending (compared to preventing future pandemics or other programs that also have some greater discounted value to social welfare and overall health). So not clear that we should take each or even any of them as good ideas we should have implemented.
Similarly, looking at global GDP from the World Bank data it’s not clear that the hit to GDB was as bad as claimed. Sure, 82T is a big number. So is 17T but over 5 years in the context of global GDP not so shocking. I think that was a case of seeing something big in isolation and so thinking it’s a bigger issue and it real is. Also, MR had a post about the impact to income in the USA and the government response. The estimate was the the lock-down reduces incomes by $15B a month. But the government support in response was something like $30B a month. A bit hard to see that situation supporting a big hit to GDP/incomes. I would agree that the USA situation is not representative of the world, but not too different from other developed countries (which I would include China in) and those are the countries that drive global GDP. The chart on the World Bank site supports the supply shock to GDP for 2020 but then basically a return to the prior growth path, or even a steeper one. So I don’t actually see that it’s an easy case to make that we had some significant, persistent negative impact to global GDP. As such, I’m not seeing how this might support any claims about human’s not having learned anything from the pandemic.
Feel like I should add one quick point as well. I think it’s a mistake to make the type of aggregate claim “humanity learned almost nothing”. That is either a claim that no one learned much or just wrong. as such I think framing the question that way is likely to lead one into a sub optimal analytic framework and so reduce whatever value such an inquire might produce.