By Ryan McMaken | 26 May 2020
THE MISES INSTITUTE — Governments throughout the world and across the US justified extreme, draconian, undemocratic, and unconstitutional (in most US states) “lockdown” and stay-at-home orders on the grounds that the COVID-19 virus was exceptionally fatal.
In March, the World Health Organization (WHO) was claiming that the fatality rate was a very high 3.4 percent.
Yet as time went on, it became increasingly clear that such high estimates were essentially meaningless because researchers had no idea how many people were actually infected with the disease. Tests were largely being conducted on those with symptoms serious enough to end up in emergency rooms or doctors’ offices.
By late April, many researchers were publishing new studies showing that the number of people with the disease was actually much higher than was previously thought. Thus, it became clear that the percentage of people with the disease who died from it suddenly became much smaller.
Now, the Centers for Disease Control and Prevention (CDC) has released new estimates suggesting that the real fatality rate is around 0.26 percent. […]