Wuhan Flu Thoughts And Observations — We have been asked to express our view on the Wuhan flu so here goes.
In the historical sense we don’t think it is going to be that bad.
Dr. Anthony Fauci, the Trump administration’s point man on fighting the disease, estimates the mortality rate at 1 percent which is about 10 times worse than the typical flu.
Obviously, we should take it seriously.
On the other hand, this is not the Philadelphia yellow fever epidemic or the various cholera pandemics or typhus or even the Spanish Flu which had a mortality rate of between 2 and 3 percent and also hit Philadelphia rather hard.
The Wuhan flu is very dangerous for old people so we are keeping our old people in and staying in ourselves for their sake.
If we were on our own, however, we would catch a plane and check out Disney World were lines would be short and deals would be expected. Actually, if they are still doing cruises we would go on one assuming the deals are what we think they are.
We think the economy is obviously going to be hurt as there are those who, like us, are obliged to avoid going out and the stock market is suffer accordingly.
In the long term, though, we will be fine unless the government screws things up.
Actually, our biggest fear is the Deep State not letting “a serious crisis go to waste” and pull stuff as they did after 9/11 such as the TSA and Patriot Act.
Don’t be afraid and enjoy life.