Assessing the costs of using the COVID vaccines is no easy task. Here are results of a new analysis.
Former BlackRock portfolio manager Ed Dowd and his his analysts at the research firm, Phinance Technologies, published a report on the cost of the COVID-19 vaccine program in the United States for the year 2022.
Mr. Dowd is a conservative analyst. A serious and sober-minded man, he is ruthless in eliminating biases and wild assumptions. He and his team have focused their research on the 148 million Americans (between the ages of 18-64) who are employed. The Bureau of Labor Statistics compiles much data on this cohort, as does the life insurance industry, because many employed people receive policies as part of their compensation packages.
Mr. Dowd’s report is grim. As he encapsulated the results in a tweet:
We should always focus on the human cost. The death of a single young person can devastate a family and even an entire community. 26.6 million injuries; 1.36 million disabilities; 300,000 excess deaths. Note that this death count in one year is 5.2 times the number of men killed in ten years of combat in Vietnam.
Perhaps the most extraordinary thing about this state of affairs is that most Americans don’t know it’s happening. Every day, young people are dying from heart attacks, strokes, and seizures caused by COVID-19 vaccines. Most of their families and friends are led to believe that they just died—suddenly and unexpectedly—of acute conditions that were extremely rare in young people prior to 2021.
The full report can be found here.
This is making the rounds today Joel. Thanks. It's my best hope Ed's legit in speaking the truth. The #'s are horrific for only 1 years time.