The Greatest Screw Up of Our Lifetime Dear Money & Crisis Reader, The Center for Disease Control (CDC) just lowered the number of COVID-19 deaths by 30,000. That is not a typo. The official numbers being thrown around by the media suggest that COVID-19 has killed over 65,000 Americans. This is based on an estimate from the CDC where "death counts include both confirmed and probable cases and deaths." [1] [Emphasis added.] Put another way, a percentage of the 65,000 deaths (and we don't know how large that percentage is) is based on assumptions. By way of contrast, the CDC also publishes a separate table of "provisional deaths" related to COVID-19. It states that this data is "our most comprehensive picture of lives lost to COVID-19. These estimates are based on death certificates, which are the most reliable source of data." [2] [Emphasis added.] As of May 1, 2020, the number of provisional deaths is 37,038. More than HALF of these numbers come from one part of the country – New York City, New York state, and New Jersey account for over 21,000 deaths. Now… the provisional numbers do feature a time-lag – the CDC must wait for death certificates to confirm these cases. So that 37,038 could climb higher in the next few weeks. However, the fact remains that this data suggests the REAL number of COVID-19 deaths in the U.S. is currently under 40,000, and heavily concentrated in just one part of the country. Why do I bring this up today? To get you to consider this: We just shut down the ENTIRE economy for an illness that was a major problem for only one particular area of the country. |
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