UPDATE, February 2025: This article from 2022 shows the cost of the pandemic has exceeded 12.5 TRILLION dollars. You can read the rest of the article (well, a press release) by clicking HERE: https://www.reuters.com/business/imf-sees-cost-covid-pandemic-rising-beyond-125-trillion-estimate-2022-01-20/
It is staggering to think of how the United States has spent on this virus that could have been easily prevented with Ivermectin and / or Hydroxychloroquine. I refused the vaccine and was able to reverse covid symptoms that included headache, fever, body aches, slight chills and a sore throat, with natural remedies. ALL symptoms were GONE within 15 minutes to just a few hours.
So, in my opinion, all that money was wasted. I shudder to think of how much good we could have done, if we put that money towards our environment, rather than this man-made virus that was easily preventable. Back in 2020 I wrote about how desperately we needed to put more financial resources towards preventing fires, and since then we've seen absolutely DEVASTATING fires in Los Angeles and Lahaina, that were 100 times worse than what we'd already seen. When is this madness going to stop??? The day I wrote that post, the sky in the whole bay area turned a creepy orange color because of all the forest fires in Northern California.
THIS paper estimates the cost at more like 16 trillion dollars.
But let's say the amount that was spent was "just" 12.5 million dollars. That is $38,261 PER PERSON. Where did all that money really go? Into RICH PEOPLES' pockets!
Here's a post of David Martin, featured in the Plandemic Series. David talks about how this was the greatest transfer of weath in US history.
Covid-19 is a scam and is the single biggest transfer of wealth to the super rich
If you'd like to see the full speech, here it is (posted by David Martin's wife, Kim, on X). Sadly, (but unsurprisingly), I couldn't find this important video anywhere on Youtube.
This is the most important video you will watch this year. Millions were killed with Covid-19 for profit.
— Kim Dotcom (@KimDotcom) May 25, 2023
“Covid-19 was an act of biological warfare perpetrated on the human race. It was a financial heist. Nature was hijacked. Science was hijacked.” pic.twitter.com/1sYnVMaIRN
Jim Cramer: The pandemic led to 'one of the greatest wealth transfers in history'
IMF sees cost of COVID pandemic rising beyond $12.5 trillion estimate
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Here is an article from April 15, 2020.
The U.S. has thrown more than $6 trillion at the coronavirus ...
Kind of interesting how, in this video, it's stated that the Earth used to have 6 trillion trees... until humans started cutting them down. It's interesting how 6 Trillion is the same amount the US has spent on the Coronavirus.
If We Plant 1 TRILLION Trees Can We Stop Climate Change ?
https://www.cbsnews.com/news/coronavirus-pandemic-cost-americans-16-trillion/
48,750.76173065204
Coronavirus pandemic to cost Americans $16 trillion, study finds
The coronavirus pandemic will end up costing Americans $16 trillion, far more than anyone predicted when the virus first emerged in the U.S. back in March, according to a new study released on Monday.
The study, published in the Journal of the American Medical Association, was co-authored by former Treasury Secretary Lawrence Summers and Harvard University economist David Cutler. Summers was also a top economic adviser to Presidents Barack Obama and Bill Clinton and is a former president of Harvard.
Their estimated cost includes a theoretical estimate for the value of a human life, and is spread out over the next decade. It also relies on an estimate that the eventual U.S. death toll from the pandemic will more than triple by the end of next year.
But $16 trillion is still an eye-popping number, and underscores the long-term impacts of the novel coronavirus and the U.S.'s inconsistent attempts to contain it. The study is listed in the medical publication as a viewpoint, and does not appear to have been peer-reviewed.
The coronavirus is "the greatest threat to prosperity and well-being the U.S. has encountered since the Great Depression," the authors write.
If the study is correct, the coronavirus' eventual impact could be four times the size of the damage done by the 2008 housing bust and subsequent Great Recession. The total cost of the pandemic — including more than 10 weeks of near total lockdown across most of the country, which caused the GDP in second quarter to drop by more than a third — will eclipse the money the U.S. has spent on every war since September 11, 2001, including those in Afghanistan, Iraq and Syria, the study says.
About half of the price tag, $8.6 trillion, is driven by the long-term health implications and costs for those who contract COVID-19, as well as statistical estimate for the loss of life.
Based on the current death rate, the coronavirus pandemic is likely to lead to a total of 625,000 premature deaths in the United States, the study estimates. It pegs the total cost to society of each death at $7 million, citing a review from earlier this year of statistical and health policy research on the matter.
The study also estimates $2.6 trillion in long-term additional costs from people who survive COVID-19 but have resulting long-term health damage. Mental health costs because of the pandemic will rise by $1.6 trillion, the authors estimate.
10 years of GDP growth thrown off track
The rest of the coronavirus' economic toll comes in the form of reduced economic output, which the authors peg at $7.6 trillion, relying on previous estimate from the Congressional Budget Office. The drop in GDP is the cumulative impact of how much lower the GDP will be 10 years from now, versus where it would have been if the coronavirus had never spread.
The paper does not estimate the impact of the Coronavirus Aid, Relief and Economic Security Act (CARES) on propping up the economy. Nor do Summers and Cutler say whether another government stimulus is needed.
What the paper does say is that if the government were to pass more stimulus the highest return spending would be on virus testing. Summers and Cutler estimate that it would cost the government roughly $100 billion dollars to test and contract trace 30 million Americans a week for the next year. That they say would save 233,000 American lives and reduce the economic cost of the pandemic by nearly $3 trillion.
"[T]the immense financial loss from COVID-19 suggests a fundamental rethinking of government's role in pandemic preparation," the authors write. "As the nation struggles to recover from COVID-19, investments that are made in testing, contract tracing and isolation should be established permanently and not dismantled when the concerns about COVID-19 begin to recede."
The Summers and Cutler study is one of a number on the coronavirus that was published by the Journal of the American Medical Association on Monday. Another study found that the deaths from the coronavirus in the U.S. are likely 50% higher than being officially reported, putting America's death toll above 300,000, rather than the more than 200,000 that is being reported.
A third study published in the medical journal on Monday found that U.S. has had more deaths from COVID-19 than any other country, as well as one of the highest death rates based on population. The study blamed the high number of U.S. deaths on "several factors, including weak public health infrastructure and a decentralized, inconsistent US response to the pandemic."
The journal on Monday also published a viewpoint that calls for an increased investment in communities of color, given that those communities have been hit harder in terms of infection rates and economic loss during the pandemic. The article called for more health care spending, but also investments in early childhood education, debt relief and affordable housing in communities of color in order to address "the harm created by centuries of injustice" toward those communities.
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