From both a public health and economic perspective, the coronavirus pandemic has wreaked havoc on our country. More than 210,000 people have died, more than 435,000 individuals have been hospitalized, and more than 10 million jobs have been lost nationally. The US economy was 10 percent smaller in June than it was last December and is not projected to fully recover until some point in 2021 at the earliest.
“‘I think it creates confusion for the negotiators. Republicans on the Hill are looking for a signal from the president. They are looking for leadership on this, and he’s oscillating,’ Brill said.”
The first widely reported COVID-19 deaths in the United States were nursing home patients in Washington State on February 28. Numerous accounts of similar outbreaks soon followed, including 47 deaths at a nursing home in Minnesota (as of April 30), 54 deaths at a nursing home in Massachusetts (as of May 4), and 81 deaths at a facility in New Jersey (as of May 27).
The COVID-19 outbreak may be as severe as the 1918 influenza pandemic that killed an estimated 675,000 people in the U.S., according to a report by consulting firm Matrix Global Advisors.
New Analysis Situates COVID-19 Alongside 1918 Pandemic, Predicts 12 Million–26 Million Hospitalizations
A new report released today by Matrix Global Advisors (MGA) finds that COVID-19 is likely as severe as the 1918 pandemic, the worst pandemic in the twentieth century. MGA evaluated COVID-19 data using the Centers for Disease Control and Prevention’s Pandemic Severity Assessment Framework (PSAF) and found that the current pandemic’s clinical severity (how sick the virus makes people) and transmissibility (how contagious the virus is) are the highest measurable by that tool.