"VISCUSI: If you multiply the 1 million lives saved [Trump], and if the lives are worth $10 million each [OHSA], the result is $10 trillion. … Ten trillion dollars is half of the U.S. GDP, which means that in order to justify completely opening businesses back up, the economy would need to lose half of its value."
https://twitter.com/AndyBiotech/status/1241741127205572609/p...
But feel free to add the 38% USG pensioner discount (or 100% if you care).
You'll still come out at a very, very large number.
You'd have to argue why its suddenly OK now.
You can also argue to discount children - where I live, we make them by the dozen. It is less applicable to COVID-19 through.
But VSL the correct framework because its based on the premium the average American at large puts on jobs to compensate for the risk of injury or death.
What could be more democratic?
But $10T is such a large envelope that even if you added the granny discount, you would still come out at an enormous fraction of USA and hence world GDP.