The costs of slowing the spread of coronavirus are enormous. Large sections of the economy have ground to a halt. The stock market has crashed. Unemployment claims surged by more than 3 million last week alone. Congress was forced to pass a $2.2 trillion rescue package — and it will likely need to add to that as the budgets of states on the front lines begin to crater. President Trump has bellyached “we cannot let the cure be worse than the problem itself” — though he has now blessedly backed off plans to reopen the country by Easter.
But what are the benefits from this pain of social distancing?
It turns out you can put a dollar figure on reducing deaths from COVID-19. And