The decision whether or not to have a lockdown should be a simple (or maybe not so simple) cost/benefit analysis; what are the factors that are leading Republicans to end lockdowns and stop social distancing? Help me understand their calculus.
Over the last week or so we have been seeing a lot of protests nationwide to reopen the economy and stop lockdowns combating the spread of the CoViD-19. These prostests have been organized and supported by right-wing organizations and individuals including the president and right wing pundits.
The CDC has done calculations showing that the R0 value, the contagiousness, for the corona virus may be as high as 5.7. The mortality rate data for the disease is still a little nebulous, but it looks like it is somewhere around 0.5-1% if it is properly treated (i.e. medical resources are not strained), but can be as high as 4% if medical care is not available or adequate (i.e. there are no ventilators available). These mortality rates are weighted against those with pre-existing conditions and the elderly. According to some numbers I have read, the average person younger than 40 has less than a 0.2% chance of dying while those older than 70 have roughly a 15% chance (I believe these numbers were assuming good health care). People suffering from obesity, diabetes, heart disease, and asthma have a much higher chance of dying. Again, the mortality numbers are still a bit uncertain, but these correlations are pretty clear.
Given this my friends and I were having a virtual happy hour and talking about how unhappy the right is with the current lockdowns. We just can’t understand it; with an R0 this high, it is likely that >50% of the population will catch the disease in less than 3 months if we do not take active steps to reduce the spread. If 50% of the population gets the disease in a short time frame, it seems completely possible that 2 million or more people could easily die of this disease before the fall. Why would they want to risk that? (Note: 1% of 50% of the US population is 1.64 million)
One of my cynical friends pointed out that allowing this to happen would probably greatly reduce the Social Security and Medicare entitlements. Another said this is only true if everybody dies fast (“exactly!” exclaimed my friend). Another cynical friend pointed out that this disease preferentially kills off the Republican base (the elderly). Another said this was not totally true, as the corona virus is mostly a city disease and the Republican party gets most of its support from rural areas to which others said this was only true in the short term as the virus would spread.
We all agree that having lockdowns could lead to a serious recession, though it is unclear if it will be a U shaped recovery or a V shaped recovery. This event is so unprecedented that I don’t think anybody can predict what the long term effects of a 2-3 month shutdown of our economy would be. Several of us argued that even if we kept the economy open, having a million people dying of a disease that put
another 10 million in the hospital would probably cause a recession that was just as bad and in some ways worse (we argued a lot about the this and how the different recessions would look in the long term - we were probably 2 drinks in at this point so I will spare you the details).
We also argued about universal basic income, with one of us thinking that a potential reason that Republicans want to end CoViD-19 restrictions is that as this goes on, business will find a way and automation will only grow and that some of the job losses will become permanent. When this happens, the US will have to increase the welfare state something that is anathema to the right. To which I thought maybe they just don’t want people to have permanent job losses - something which I don’t believe would happen; the economy always makes jobs.
Anyway, I know this is a rambling OP and much of it is probably garbage, but I do want to understand the calculus of those on the right around ending the lockdowns. How do they think this is going to benefit the US?