The catastrophe of the Covid models

Link:https://www.spiked-online.com/2022/01/21/the-catastrophe-of-the-covid-models/

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Excerpt:

Having taken all the modelling into account, SAGE produced a table that showed in stark terms what the future held if the government stuck to ‘Plan B’. With the usual risible caveat that ‘these are not forecasts or predictions’, they showed a peak in hospitalisations of between 3,000 and 10,000 per day and a peak in deaths of between 600 and 6,000 a day. In previous waves, without any vaccines, deaths had never exceeded 1,250 a day.

The government was effectively given an ultimatum. SAGE offered Johnson a choice between the disaster that would surely unfold and a ‘Step 1’ or ‘Step 2’ lockdown, both of which had been helpfully modelled to give him a steer. ‘Step 1’ was a full lockdown as implemented last January. ‘Step 2’ allowed limited contact with other households but only outdoors.

In the event, as we all know, Boris Johnson ignored the warnings and declined to implement any new restrictions on liberty. A few days later, Robert West, a nicotine-addiction specialist who is on SAGE for some reason, tweeted: ‘It is now a near certainty that the UK will be seeing a hospitalisation rate that massively exceeds the capacity of the NHS. Many thousands of people have been condemned to death by the Conservative government.’

It did not quite turn out that way. Covid-related hospitalisations in England peaked at 2,370 on 29 December and it looks like the number of deaths will peak well below 300. This is not just less than was projected under ‘Plan B’, it is less than was projected under a ‘Step 2’ lockdown. The modelling for ‘Step 2’ showed a peak of at least 3,000 hospitalisations and 500 deaths a day. SAGE had given itself an enormous margin of error. There is an order of magnitude between 600 deaths a day and 6,000 deaths a day and yet it still managed to miss the mark.

Author(s): Christopher Snowdon

Publication Date: 22 Jan 2022

Publication Site: Spiked Online

Johnson and Sunak urge UK pensions to back riskier investments

Link: https://www.theguardian.com/business/2021/aug/04/johnson-and-sunak-urge-uk-pensions-to-back-riskier-investments

Excerpt:

Boris Johnson and Rishi Sunak will urge UK pension schemes to back Britain’s “entrepreneurial spirit” with billions of pounds of savers’ funds to fuel the economy’s post-pandemic recovery in a message to investment bosses.

The prime minister and chancellor will issue a joint call to action on Thursday aimed at “igniting an investment big bang” that would “unlock the hundreds of billions of pounds sitting in UK institutions”.

Citing the success of long-term investment programmes by Australian and Canadian pension schemes, Sunak and Johnson will say that British pensioners are missing out on “better retirements” after investors focused too heavily on the returns from stock market listed companies.

…..

Critics warned that pension schemes would become riskier and more expensive to run and accused the prime minister of failing to understand how they worked.

John Ralfe, an independent pensions consultant, said: “This is 90% hot air from the prime minister.

“Defined benefit pension schemes need assets that generate a guaranteed inflation linked return to pay guaranteed pensions. Most of the things the PM is banging the drum for don’t do this.

Author(s): Phillip Inman

Publication Date: 4 Aug 2021

Publication Site: The Guardian UK

Covid vaccines: Boris Johnson pledges surplus to poorer countries at G7

Link: https://www.bbc.com/news/uk-politics-56117120

Excerpt:

Boris Johnson is pledging to donate most of the UK’s surplus vaccine supply to poorer countries in a speech to a virtual G7 meeting on Friday.

He urged rich countries to back a 100-day target for the developing new vaccines for future emerging diseases.

The UK has ordered more than 400 million doses of various vaccines, so many will be left over once all adults are vaccinated.

Publication Date: 20 February 2021

Publication Site: BBC News