The cost to Australia of the Covid scamdemic
Letter to the Editor
The Institute of Public Affairs recently conducted an investigation of the economic and social cost of the Covid scamdemic.
The direct economic, fiscal and inflationary cost of pandemic measures stand at $938.4 billion as at the end of the 2021-22 financial year.
The authors calculate the total cost of Australia’s pandemic response by assessing net direct economic cost ($2.49 billion), government spending ($595.8 billion), and the cost of inflation arising from zero-covid measures.
This estimate is conservative, as it only accounts for direct costs. Examples of costs not included: extra policing resources to enforce public health directions, and costs of transitioning public sector workers to work from home. This estimate accounts for the period from March 2020 to June 2022. Australia can expect to surpass the trillion dollar mark as the Covid response continues, which the trending hashtag #covidisnotover (favoured by Twitter white coats and health policy spokespeople) indicates that it will do for some time yet.
Just the tip of the iceberg as to what else is in the report. Here is link to the Report, roughly 30 pages, pretty damning.