That is a good comparison point, and one I hadn't thought of.
Currently Goldman Sachs is estimating that next quarter will see production drop by 24%. If production drops for a single quarter by that much then rebounds, this is still worthwhile on that estimate. If it drops for a whole year by that much, you are right that the implicit value we are giving these lives is more than we are willing to pay to save lives in other circumstances.
Currently Goldman Sachs is estimating that next quarter will see production drop by 24%. If production drops for a single quarter by that much then rebounds, this is still worthwhile on that estimate. If it drops for a whole year by that much, you are right that the implicit value we are giving these lives is more than we are willing to pay to save lives in other circumstances.