poverty – Page 13 – Desdemona Despair

Covid-19 daily cases per 100,000 population in Brazil, 27 March 2021. On 24 March 2021, Brazil recorded 300,000 Covid-19 deaths, with roughly 125 Brazilians succumbing to the disease every hour. More than a year into the pandemic, deaths in Brazil are at their peak, and highly contagious variants of the coronavirus are sweeping the nation, enabled by political dysfunction, widespread complacency and conspiracy theories. The country, whose leader, President Jair Bolsonaro, has played down the threat of the virus, is now reporting more new cases and deaths per day than any other country in the world. Graphic: 91-DIVOC

March 27, 2021

A collapse foretold: How Brazil’s Covid-19 outbreak overwhelmed hospitals – “We have never seen a failure of the health system of this magnitude”

By Ernesto Londoño and Letícia Casado 27 March 2021 PORTO ALEGRE, Brazil (The New York Times) – The patients began arriving at hospitals in Porto Alegre far sicker and younger than before. Funeral homes were experiencing a steady uptick in business, while exhausted doctors and nurses pleaded in February for a lockdown to save lives. But Sebastião Melo, Porto Alegre’s […]

Total U.S. debt as a percentage of GDP, 1900-2021 and projected to 2051. In CBO’s projections, federal debt held by the public reaches 107 percent of GDP (surpassing its historical high) in 2031 and continues to climb. Federal debt held by the public is projected to equal 202 percent of gross domestic product (GDP) in 2051, and the deficit is projected to equal 13 percent of GDP. Graphic: CBO

March 6, 2021

U.S. debt to break World War 2 record by 2031 – “Even if economic conditions were more favorable than CBO currently projects, debt in 2051 will probably be much higher than it is today”

By Niv Elis 4 March 2021 (The Hill) – The nation’s debt burden is on track to surpass its historic high point in a decade, reaching 107 percent of gross domestic product (GDP) in 2031, according to a new report from the nonpartisan Congressional Budget Office (pdf). The debt surpassed 100 percent of GDP last year […]

Life expectancy at birth for eleven OECD nations, 1980–2018. The U.S. is unique among wealthy nations for having a declining life expectancy. Graphic: The Commonwealth Fund

February 28, 2021

2020 report: U.S. citizens pay more for health care than any other OECD nation – But they have decreasing life expectancy, highest suicide rate, most chronic health conditions, and highest obesity rate

By Roosa Tikkanen and Katharine Fields 25 February 2021 (The Commonwealth Fund) – International comparisons of health care systems offer valuable tools to health ministers, policymakers, and academics wishing to evaluate the performance of their country’s system. In this chartbook [ppt, pdf], we use data collected by the Organization for Economic Cooperation and Development (OECD) […]

U.S. life expectancy at birth by sex, 2000-2020. In the first half of 2020, life expectancy at birth for the total U.S. population was 77.8 years, declining by 1.0 year from 78.8 in 2019 (6). Life expectancy at birth for males was 75.1 years in the first half of 2020, representing a decline of 1.2 years from 76.3 years in 2019. For females, life expectancy declined to 80.5 years, decreasing 0.9 year from 81.4 years in 2019. The difference in life expectancy between the sexes was 5.4 years in the first half of 2020, increasing from 5.1 in 2019. Between 2000 and 2010, the difference in life expectancy between the sexes narrowed from 5.2 years to its lowest level of 4.8 years and then gradually increasing to 5.1 years in 2019. Graphic: NCHS

February 20, 2021

U.S. life expectancy drops by a full year due to COVID-19 and fentanyl overdose deaths – Toll on minority communities is significantly more deadly – “We haven’t seen a decline of this magnitude in decades”

By Sabrina Tavernise and Abby Goodnough 18 February 2021 (The New York Times) – Life expectancy in the United States fell by a full year in the first six months of 2020, the federal government reported on Thursday, the largest drop since World War II and a grim measure of the deadly consequences of the coronavirus […]

Distribution of major tax cuts for the rich across OECD nations, 1965-2015. This figure visualizes the resulting binary variable that picks out years in which taxes on the rich were reduced substantially. In total, we identify 30 country-year observations where taxes on the rich were significantly reduced. Governments enacted major tax reforms in all countries in our sample and across the whole observation period. Many countries implemented major tax cuts for the rich in the late 1980s. Furthermore, the identification of tax cuts is also in line with previous studies that have focused on income tax progressivity (Rubolino and Waldenström, 2020) or on overall tax progressivity single specific countries (Saez and Zucman, 2019). For instance, echoing these authors’ findings, we find two major reforms that reduced taxes on the rich in the US: 1982 (First Reagan Tax Cut) and 1986/1987 (Second Reagan Tax Cut). Graphic: Hope and Limberg, 2020 / LSE

December 25, 2020

Tax breaks for the rich don’t boost the economy – “Our research shows that the economic case for keeping taxes on the rich low is weak”

16 December 2020 (LSE) – Major reforms reducing taxes on the rich lead to higher income inequality but do not have any significant effect on economic growth or unemployment, according to new research by LSE and King’s College London. Researchers say governments seeking to restore public finances following the COVID-19 crisis should therefore not be […]

Shifting composition of annual debt-service obligations that low-income countries owe to their bilateral creditors from 2020 through 2022. This animation shows the shifting composition of annual debt-service obligations that low-income countries owe to their bilateral creditors-from 2020 through 2022. It reflects projected debt service payments on external debt to official bilateral creditors (TDS, current US$, millions). Debt service to official bilateral creditors will impose a heavy burden for years to come. Graphic: World Bank Group

December 24, 2020

2020 Year in Review: The global economic impact of COVID-19 in 12 charts

By Paul Blake and Divyanshi Wadhwa 14 December 2020 (World Bank Group) – This time last year, concepts such as “lockdowns,” “mask mandates” and “social distancing” were unknown to most of us. Today they are part of our everyday language as the COVID-19 pandemic continues to impact all aspects of our lives. Through the following […]

Map showing highest-impact disasters in 2020, during the Covid-19 pandemic (over 250,000 people affected). The map shows only a snapshot of disasters that took place from the beginning of the month when the epidemic was declared (March 2020) for a six-month period. More than 100 disasters occurred during this period and affected over 50 million people. There were also a number of ongoing crises, including measles in DRC and droughts in parts of east and southern Africa. Graphic: IFRC

December 24, 2020

Red Cross faced record number of climate-related disasters in 2020 – “This year has tested the resilience of tens of millions of people to breaking point”

KUALA LUMPUR, 16 December 2020 (IFRC) – In a record-breaking year, the International Federation of Red Cross and Red Crescent Societies (IFRC) has responded to more climate-related disasters across Asia Pacific than any other time this century so far. The IFRC has already responded to 25 climate-related disasters in the Asia Pacific, including floods, typhoons, […]

Projected geographical shift of the human temperature niche. (Top) Geographical position of the human temperature niche projected on the current situation (A) and the RCP8.5 projected 2070 climate (B). Those maps represent relative human distributions (summed to unity) for the imaginary situation that humans would be distributed over temperatures following the stylized double Gaussian model fitted to the modern data (the blue dashed curve in Fig. 2A). (C) Difference between the maps, visualizing potential source (orange) and sink (green) areas for the coming decades if humans were to be relocated in a way that would maintain this historically stable distribution with respect to temperature. The dashed line in A and B indicates the 5% percentile of the probability distribution. Graphic: Xu, et al., 2020 / PNAS

December 17, 2020

Broken societies put people and planet on a collision course, says UNDP – “No country in the world has yet achieved very high human development without putting immense strain on the planet”

NEW YORK, 15 December 2020 (HDRO) – The COVID-19 pandemic is the latest crisis facing the world, but unless humans release their grip on nature, it won’t be the last, according to a new report [pdf] by the United Nations Development Programme (UNDP), which includes a new experimental index on human progress that takes into account countries’ […]

Income inequality in the United States, 1913-2019. The U.S. shows a rise in the concentration of incomes unseen in other rich nations. The top 10% increase from 34% to 45% between 1980 and 2019. Half of the American population was shut from pretax economic growth. Graphic: World Inequality Database

December 11, 2020

Global inequality data update shows rise in concentration of U.S. incomes unseen in other rich nations – Latin America and the Middle East stand as the world’s most unequal regions

10 November 2020 (WIL) – The World Inequality Lab releases today a major update of global inequality data for 173 countries, making up 97% of the world population and 7.5 billion people. The data published distributes economic growth within each country making it possible to track inequality and poverty over time, countries and regions. These […]

Cumulative change in U.S. jobs since before the pandemic, 6 December 2020. Data: Bureau of Labor Statistics. Graphic: Ella Koeze / The New York Times

December 6, 2020

U.S. job market slowed further in November 2020 – “We’re going to have a few of the toughest months of this pandemic, and there will be a lot of scars left to heal”

6 December 2020 (The New York Times) – The American economic recovery continues to slow, stranding millions who have yet to find a new job after being thrown out of work by the coronavirus pandemic. The latest evidence came Friday when the Labor Department reported that employers added 245,000 jobs in November, the fifth month in a […]