As many as 2 million Americans would die. Hundreds of millions of people would perish around the globe. In the chaos triggered by the pandemic, Third World regimes would fall, U.S. hospitals and undertakers would be overwhelmed, retail sales would plunge, and stock and housing markets would collapse. That's what could happen, said William Prochnau and Laura Parker in Vanity Fair, if the planet were suddenly ravaged by a widespread outbreak of avian flu. Though this mysterious disease has infected only 116 people so far, 60 have died. That's a mortality rate of more than 50 percent. If the virus gains a foothold in humans, and mutates so that it's more infectious, it could be more deadly than the Spanish flu pandemic of 1918, which, in a far less populous world, killed 500,000 Americans and 50 million people altogether. 'œA plague of biblical proportions could be just ahead.'

Until last month, almost no one took such warnings seriously, said Christine Gorman in Time. But then 'œa couple of furies named Katrina and Rita'' called Washington's attention to ignored warnings. Last week, Health and Human Services Secretary Mike Leavitt seized on the opportunity to brief Congress, senior administration officials, and President Bush about the avian flu. Following one closed-door session, the Senate quickly voted to spend $3.9 billion to develop a readiness plan. Hearing the worst-case scenario, said Minority Leader Harry Reid, 'œscared the hell out of me.'

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Some perspective, please, said Dr. Marc Siegel in the Los Angeles Times. Even if we take the Spanish flu as a model, we've come a long way since 1918, when 'œthere were no flu vaccinations and no antiviral drugs.' And most virologists believe the current bird flu has a very low chance of jumping the species barrier and turning into a global nightmare. Once again, fearmongers have taken a real health threat and blown it out of all proportion—just as they did with SARS, West Nile virus, anthrax, and mad cow disease. The lesson of these previous panics is clear: 'œThe worst case is not the only case.'

Holman Jenkins Jr.

The Wall Street Journal