Not only is your math correct, but because it does not attempt to differentiate infection rates between age groups nor death rates between those of different ages who get infected (in addition to not estimating asymptomatic folks), the actual survival rate for folks under 55 is in excess of 99.8% , a number far higher than pneumonia, and a number on par with the seasonal flu. It's only the older who are at substantially higher risk.
This stat alone is proof that the economy should chug along and schools should be open. Sports, band, choir, cheer, drama, etc should ALL be back in place. The economy, as a whole, is powered by the 55 and under group.
A post from me showing the numbers as of a few days ago:
Here is the only location where the CDC puts useful stats, but they are obfuscating lately, with overlapping age brackets.
https://data.cdc.gov/NCHS/Provisional-COVID-19-Death-Counts-by-Sex-Age-and-S/9bhg-hckuTaking the data from age 0-55 the total covid deaths are 18830.
Then taking the age demographics from this link and an estimate of 330 million US residents:
https://www.statista.com/statistics/241488/population-of-the-us-by-sex-and-age/one gets a population of 0-55 at 69% of the US population
69% of the 11 million Covid infections is 7 590 000, should the distribution be approximately the same as the overall percentage....
18830 / 7 590 000 = .00248 or 99.752% survival rate for those under 55, not 60 as I stated. That number, too, assumes an equal infection rate across ages, and we all know that the 18-35 bracket are WAY more likely to be infected than older folks who have a just reason to fear Covid.
Adjusted for infection rates, the survival per infection for those under 55 is more than 99.8%
I for one cite real numbers, presuming we are trusting the CDC anyway. The news IS good, especially with 2 vaccines coming to market months or even years earlier than CNN spent months 'fact-checking'.
Not only is your math correct, but because it does... (