I picked a lower number to get less quibbles from any doubters. But yeah, bringing CFR from 5% to 2% at 60% infection you can justify actions that otherwise seem nuts.

Honestly, the number I take issue with is the $100k. In terms of household income, this is far above the median.

The actuarial value of a human life is difficult to calculate, but it is definitely above the economic output. There are large 2nd order effects- the pain of those left behind. I picked $100k because it made the math easy, but it's also between the $50k and $129k numbers i grabbed off Wikipedia.

Also, this is one of the rare times it does makes sense to go with mean as the measure of center.