And the sheep continue to fall in line... This summarizes @MikeJW and @jdx2112 behaviors on here. Interesting study by Franklin Templeton - Gallup reveals a gross misperception of COVID risk among Americans, driven by partisanship and misinformation. Gotta love how people keep getting duped by Fakenews....
ON MY MIND: THEY BLINDED US FROM SCIENCE
First insights from the new Franklin Templeton–Gallup research project on the behavioral response to the COVID-19 pandemic and implications for the recovery: we find a gross misperception of COVID-19 risk, driven by partisanship and misinformation, and a willingness to pay a significant “safety premium” that could affect future inflation.
The first round of our Franklin Templeton–Gallup Economics of Recovery Study has already yielded three powerful and surprising insights:
MISPERCEPTIONS OF RISK
Six months into this pandemic, Americans still dramatically misunderstand the risk of dying from COVID-19:
ON MY MIND: THEY BLINDED US FROM SCIENCE
First insights from the new Franklin Templeton–Gallup research project on the behavioral response to the COVID-19 pandemic and implications for the recovery: we find a gross misperception of COVID-19 risk, driven by partisanship and misinformation, and a willingness to pay a significant “safety premium” that could affect future inflation.
The first round of our Franklin Templeton–Gallup Economics of Recovery Study has already yielded three powerful and surprising insights:
- Americans still misperceive the risks of death from COVID-19 for different age cohorts—to a shocking extent;
- The misperception is greater for those who identify as Democrats, and for those who rely more on social media for information; partisanship and misinformation, to misquote Thomas Dolby, are blinding us from science; and
- We find a sizable “safety premium” that could become a significant driver of inflation as the recovery gets underway.
MISPERCEPTIONS OF RISK
Six months into this pandemic, Americans still dramatically misunderstand the risk of dying from COVID-19:
- On average, Americans believe that people aged 55 and older account for just over half of total COVID-19 deaths; the actual figure is 92%.
- Americans believe that people aged 44 and younger account for about 30% of total deaths; the actual figure is 2.7%.
- Americans overestimate the risk of death from COVID-19 for people aged 24 and younger by a factor of 50; and they think the risk for people aged 65 and older is half of what it actually is (40% vs 80%).
On My Mind: They Blinded Us From Science
www.franklintempleton.com
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