To be blunt, the social epidemiology of this is quite simple: there is a trade-off between how quickly we allow the virus to spread, and how many people die and what the economic impact of the epidemic is. We can go for saving people, or we can go for saving the economy, but we cannot go for both.
What you need to know is that the government is choosing the economy.
And at some point they should too. Because the economy is people. And if the economy crashes then people will die because the economy has crashed. The longer it crashes for the more people will die.
We are thus looking for the optimal number of people to die from each – or either – cause.
This is not rocket science, this is simple economics. But then that’s why Snippa is getting it wrong of course.
Do note that I’ve not said that the current trade off is the correct one – only that such a trade off exists and that we cannot have everything plus a pony. Nope, not even with coronavirus QE.