There’s nothing over the top about saving 50K lives
A more targeted strategy might have worked. But Australia’s border closures and lockdowns have achieved world-leading health and economic outcomes and produced net benefits overall.
To those that continue to argue Australia’s approach to dealing with COVID-19 has been over the top, I have a single searing statistic for you.
By my estimates, we’ve saved up to 50,000 lives so far, and probably at least about 35,000. That’s one-fifth of our annual death toll.
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David Bassanese is chief economist at BetaShares Exchange Traded Funds. He writes on markets specialising in debt, derivatives and monetary policy. He worked at the federal Treasury, OECD and Macquarie Bank. Connect with David on Twitter.
