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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsThe vax saved billions in GDP
The vax saved billions in GDP
Worth Sparkman at Axios
https://www.axios.com/local/nw-arkansas/2021/12/26/the-vax-added-billions-to-gdp
"SNIP.....
The COVID-19 vaccine generated economic savings of $438 billion equal to 2.3% in the real gross domestic product to the U.S. this year.
The big picture: Even though only 61% of the U.S. population is fully vaccinated, its widespread adoption reduced the overall burden on the health care system and kept much of the workforce well enough to stay productive.
* Authors of the study, released by Bentonville-based Heartland Forward, note they couldn't capture the many intangible benefits, such as the sense of hope and optimism, increased quality of life and improved mental health as a return to normal became reality.
Why it matters: The speed at which the COVID-19 vaccines were developed and distributed may be a proof of concept for future innovations from public-private partnerships in health care and other industries that require major research investment.
......SNIP"
Wounded Bear
(58,693 posts)RockRaven
(14,990 posts)Right?
ProfessorGAC
(65,138 posts)...for the economy not being even better.
Since it's been in positive territory all year, it would have been superior if 30% of the population wasn't such a bunch of fools.