> Has there been any attempt to calculate the cost-benefit of all the various measures and how extreme we should go with them?
In Australia there is huge pushback politically about holding an inquiry to determine what could be done better, a lot of politicians hid behind faceless "health advice" for their actions that wouldn't last a minute when the public servants involved face an inquiry.
Current estimates of the jobkeeper program put it at $110,000 per job saved, in comparison to the median wage of $52,338. Basically all of it went into the pockets of big companies rather than paid directly to people. That was just one of many programs at the time, debt blew out by hundreds of billions which the populace on both sides strangely cheered on.
In Australia there is huge pushback politically about holding an inquiry to determine what could be done better, a lot of politicians hid behind faceless "health advice" for their actions that wouldn't last a minute when the public servants involved face an inquiry.
Current estimates of the jobkeeper program put it at $110,000 per job saved, in comparison to the median wage of $52,338. Basically all of it went into the pockets of big companies rather than paid directly to people. That was just one of many programs at the time, debt blew out by hundreds of billions which the populace on both sides strangely cheered on.