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Following Up: Still More (Health-Related) Evidence for a Prompt Restart

21 Tuesday Apr 2020

Posted by Alan Tonelson in Following Up

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CCP Virus, coronavirus, COVID 19, Im-Politic, mortality, opioids, poverty, public health, restart, suicide, Tim Mullaney, World War II, Wuhan virus

If you haven’t seen today’s new CCP Virus figures for the United States, you really need to take a look. Not only do they show (continuing) stunning declines in new cases and deaths nation-wide, they strongly reenforce my Saturday post arguments that the death toll from keeping the economy mainly closed longer than necessary (whatever your favorite definition) is pretty comparable to the toll being taken by the virus. So from a public health standpoint alone, as I emphasized, there’s at least a respectable argument for the fastest possible (again, insert your favorite definition) re-opening.

To recap, that previous post challenged one argument claiming that the numbers of Americans being lost each day to the CCP Virus (at the point that argument appeared, 2,763), was dwarfing even the daily deaths recorded during America’s major wars. The author, Tim Mullaney, was right – but vastly under-counted fatalities from various forms of economic privation. As I noted, these kinds of deaths are much harder to count and even estimate than virus-related deaths (although the latter pose big methodology problems, too). But any reasonable person would conclude that both kinds of death are substantial, and that the economy versus public health framework dominating the national debate was dangerously simplistic and even stupid.

Of course, a few days have passed since the 2,763 death rate was recorded (on April 15, as it turns out – and in fact, that day’s figure has now been revised down to 2,751 according to this Washington Post count – the source of all the virus deaths data used in this post). And those few days have seen jaw-dropping progress in reducing deaths. Indeed, today, they’re all the way down to 521.

So therefore, if by some miracle, the CCP Virus was wiped out today, and all further deaths prevented, the 42,384 total national fatalities reported during the 53-day period since the first virus victim was recorded on February 29 would come to 800 per day. A horrendous number to be sure. But it’s reasonable to assume that this favorable trend will continue – at least until some unknowably strong second or third waves come. Moreover, the progress has been so impressive that it’s unlikely to be significantly affected by any of the under-counting problems identified by some health data specialists.

If these assumptions are true, then the current daily virus death toll is still way above that of daily military deaths suffered during World War II (240). It’s also way above the latest figures we have for daily American suicides (132). But it’s not that far above the most recent (and so far unchallenged) estimate for daily deaths from poverty (685). And when you combine those two figures, you get 817 daily deaths – above the current daily virus toll.

Still skeptical – largely because not all the suicide deaths are economic-induced? Then check out the best daily suicide attempts number available – 3,836. At least some meaningful share of these surely resulted from economic despair, and the only reasons they didn’t become actual fatalities were either incompetence or some timely intervention or simple luck. They speak volumes about the power and mental health effects of economic despair. And while we’re on the topic of despair, don’t forget opioid overdoses, either. Many of them have been closely linked with economic stress, and the latest numbers show them running at 128 per day.

Finally – and a big shout-out to Facebook friend Clare Goldsberry for pointing this development out: Reports keep coming in that many significant medical problems are going untreated because of the CCP Virus drain on the healthcare system. Here’s just one example.

Do major uncertainties still surround all these numbers? You bet. But they leave two overriding points completely certain: Any economy restart over any time frame is going to kill a substantial number of Americans, and no one has any basis for claiming that the one will save significantly more lives than the other. If you read or listen to anyone coming down emphatically on one side or the other, I’d strongly advise you to turn the page, change the channel, or walk away.

Following Up: Why the Economy Shutdown vs Restart Debate is Still Idiotic

18 Saturday Apr 2020

Posted by Alan Tonelson in Following Up

≈ 1 Comment

Tags

CCP Virus, Centers for Disease Control and Prevention, coronavirus, COVID 19, drug abuse, Following Up, healthcare, Im-Politic, infant mortality, mortality, opioids, poverty, restart, suicide, Tim Mullaney, Trump, Wuhan virus

The heated debate over whether it’s more important to open the economy relatively quickly, or wait until the CCP Virus really is under control slogs on. And I mean slogs on, since once it became clear that the pandemic wasn’t going to be even close to a Black Death-like catastrophe, everyone with a working brain should have recognized that immense uncertainties are all around, and that both approaches therefore entail terrible risk.

One built-in complication, though, continues to muddy the waters. And even though decisive clarity can’t be gleaned from the available data, it’s worth pointing out: CCP Virus deaths are relatively easy to calculate – even if not perfectly identifiable, because single causes of death tend to be difficult and controversial to pinpoint for victims with important underlying health problems, and therefore different U.S. states have (not surprisingly) come up with different standards for counting them.

Deaths from a prolonged economic slump like the one into which America has been plunged are much harder to determine, and data are therefore more controversial. But no one should doubt that they’re noteworthy, and worth taking into account in any economy restart decisions.

As commonsensical as these observations sound, however, they continue being vigorously disputed, and one of the few such arguments I’ve seen that try to quantify relative rates of loss has come from economics journalist Tim Mullaney. Full disclosure: I’ve criticized Mullaney here before, finding him to be an extreme hater even by Never Trumper standards. But I hope you’ll trust me when I say I’m singling out his latest article simply because it makes the “restart later” argument in such data-dependent terms.

According to Mullaney, President Trump and other prominent conservatives are blowing the most deceitful smoke imaginable by insisting “You have to reopen the economy despite the ongoing Covid-19 pandemic, quickly, lest a wave of suicides, domestic battery and the like overwhelm even the death toll from coronavirus.”

His evidence? The CCP Virus daily U.S. death toll when he wrote his article (2,763) dwarfs the numbers of lives lost each day in the United States to economic-related causes (like many suicides), as well as the numbers lost daily during the nation’s wars. (As of yesterday, daily national CCP Virus deaths hit a much higher 4,591.) * SEE CORRECTION BELOW

The war comparisons are sobering – no doubt about it. But if you look at them realistically, so is what we know of the death toll from various forms of economic privation. For example, it’s true that “only” 132 Americans took their lives each day in 2018 (the last year for which statistics are available, as is the case with all the following numbers). And there’s no way to know how many were due to the victims’ economic circumstances. But it’s also true that, as of 2017, 1.4 million Americans tried and failed to commit suicide. There’s no way to know the reason for each one, but the daily figure comes to 3,865. Surely economics had something to do with many of them.

The clear implication: If not for circumstances unrelated to the economy, the numbers of  suicides and of economy-related suicides would be much higher. Therefore, economic-induced extreme despair is undoubtedly much more widespread than the actual suicide rates indicate. And they signal the presence of huge economy-related mental health problems. Further, given the stigma society still attaches to suicide, it’s fair to assume that the attempt numbers in particular are undercounted.

That same year, 192 Americans each day died of drug overdoses. Of these, 130 came from opioids – the category most likely influenced by worsening economic circumstances and prospects. And just as with suicides and attempted suicides, the numbers of overdose deaths are dwarfed by the attempted overdose numbers. The Centers for Disease Control and Prevention don’t provide absolute annual figures, but they do note that “For every drug overdose that results in death, there are many more nonfatal overdoses….” Chalk lots of them up to economic despair, too.

You can also learn a lot from estimates of annual lives lost to poverty as such. In 2011, a Columbia University study pegged them at 671 per day in 2000 – not a matter of thousands, but not bupkis, either. And here’s another poverty-related mortality statistic: In 2018, about 59 newborn American babies died each day. Were all due to poverty? Of course not. But they’re most heavily concentrated in racial and ethnic minority groups with the highest poverty rates, so that’s pretty revealing.

Infant mortality, moreover, points to another health and death rate reality that’s strongly affected by the state of a national economy: the state of its healthcare system.

Given America’s vast wealth and annual healthcare expenditures, and its continuing major healthcare problems, there’s no doubt that money is no panacea for better health and lower death rates. Structures of national healthcare systems matter critically. At the same time, does anyone seriously believe that the U.S. healthcare system is going to do a better job on mortality and other fronts the worse the economy fares and the longer the current downturn lasts?

Which brings up a related question: What’s likelier to happen first? Indeed, much likelier to happen first? The kinds of major economic and social policy reforms needed to alleviate American poverty significantly, or to cure what ails the healthcare system? Or finding anti-CCP Virus vaccine or cure? If you’re not sure, you just haven’t been paying attention.

Those wanting a substantial economy restart sooner rather than later can legitimately point out that the above economy-related mortality numbers overlap a great deal. And that’s true. Second and even third waves, as they warn, seem all too likely as well. But it’s also true that, when you add them all up, they’re significant, and at best can’t be too far away from the CCP Virus death figures in which much more confidence is justified.

How far away? Honestly, why should anyone care? They’re clearly close enough to warrant concern that, as Mullaney’s conservative targets contend, a prolonged mandated economic slump will exact terrible human health costs – and that the longer it lasts, the higher it will grow. It’s also crucial to remember that the CCPVirus death toll shows signs of trending down – however horrific it will ultimately be – and that absolutely no one who anyone’s listening to is urging a total national economy restart all at once. 

All of which reinforces conclusions I’ve been pushing since the CCP Virus became a genuine crisis: It confronts Americans will trade-offs as tragic as they are difficult to figure out, and that anyone arguing to the contrary is more interested in taking cheap, invariably partisan, shots than in finding solutions.

*CORRECTION.  The 4,591 U.S. deaths figure I reported here was not for April 17, but for April 16.  The April 17 figure was actually 3,856, and today’s figure is only 1,891.  Moreover, as explained here, “The spike in mid-April is due to New York City authorities adding probable cases to the city’s death tally.”  So this is the kind of correction that clearly works in favor of my argument, since these numbers indicate even more strongly that this still terrible daily figure is on the way down, and that any gap between it and comparable figures due to economically-induced mortality is even smaller than previously apparent.

Im-Politic: Will Trump-Bashers Start Blaming the Economy’s Victims?

12 Tuesday Jan 2016

Posted by Alan Tonelson in Im-Politic

≈ 1 Comment

Tags

2016 election, college premium, debt, Donald Trump, Economic Policy Institute, education, Financial Crisis, Im-Politic, incomes, Mainstream Media, manufacturing, Marketwatch.com, offshoring, real wages, recession, The Race to the Bottom, Tim Mullaney, Trade, wages

I guess it was only a matter of time before the Mainstream Media’s hostility to Donald Trump’s presidential candidacy showed signs of moving into its next phase. Its mainstays have blasted the Republican front-runners’ own views and business record and character. They’ve warned that at least some of his supporters are outright racists and other forms of unquestionably bigoted extremists.

Now at least one writer has decided to dump on that large (and perhaps overwhelming) share of Trump-Nation motivated by sagging and even falling incomes. According to Marketwatch.com columnist Tim Mullaney, not only do the downwardly mobile (presumably) whites deserve no sympathy for their plight. They’re the ones who are overwhelmingly responsible.

In Mullaney’s words: “[I]f you’re 45-plus and thinking life passed you by because you didn’t understand the necessity of an education any time after 1975, you were too hormone-addled at 18 to grasp something that had long been obvious.

“When Trump’s base was coming of age, John Naisbitt’s ‘Megatrends’ was a best-seller for a full two years. You couldn’t read it or even hear about it much (and it spawned dozens of books and too many articles and TV segments to count) without understanding factories were closing and not coming back, and people who grew up wanting that life needed a Plan B. The 1982 recession, which launched Barack Obama’s career as a community organizer in neighborhoods hit by steel-mill closings, made it pretty obvious too.”

Mullaney says his background has innoculated him against “liberal elitist” charges, so let’s focus on something that’s more important. This indictment is factually wrong and analytically shortsighted.

As I’ve reminded Mullaney on Twitter, Trump’s support among the college-educated is anything but negligible. And one big reason is that in recent decades the oft-touted wage premium received by college grads over their less-educated counterparts hasn’t prevented their own wages from stagnating and even worse. In other words, more education is a great bet for ensuring that incomes will escape the massive hit taken by the less educated. But that’s not because graduates’ wages have been killing it. It’s because they’ve been declining less than the wages for those lacking a Bachelor’s degree – as this stunning chart shows:

 

Year Less than high school High school Some college College Advanced degree
2007 0.0% 0.0% 0.0% 0.0% 0.0%
2008 -1.1% -0.6% -1.3% -0.4% 0.5%
2009 0.5% 1.7% 0.0% 0.4% 4.2%
2010 -2.9% -0.1% -1.3% 0.5% 3.3%
2011 -4.1% -2.1% -4.0% -2.3% 0.3%
2012 -4.7% -2.9% -5.6% -1.3% 2.8%
2013 -5.7% -3.7% -5.8% -0.7% 2.2%
2014 -5.2% -3.7% -5.9% -2.0% 0.0%

The bottom line is the cumulative change, meaning that during this period, after-inflation wages for the college-educated actually fell by two percent.  And even for holders of advanced degrees, they only stayed flat.

Nor, as Mullaney (reasonably) supposed, is widespread wage deterioration simply a consequences of the financial crisis and its punishing aftermath. Data compiled by the Economic Policy Institute (the source of the above material, too), show that from 1973 to 2007 (the final year before the recession struck), the wages of college-educated Americans increased by only 14.79 percent. That’s a 34-year period!

It’s true that, even for those who completed “some college” during that longer period, inflation-adjusted wages dipped by 0.65 percent, and they were off by more for those with only high school diplomas or less. But when you throw in the towering levels of student debt so many Americans have amassed in recent years, the case for finishing college looks like even less impressive.

Mullaney’s column also overlooks the heavy price the nation as a whole has paid for the de-industrialization that has eliminated so many middle class job opportunities for working class Americans. Of course, a large percentage of those jobs were wiped out by automation or other efficiency gains. But a large percentage are just as gone because clueless American trade policies either encouraged the offshoring of factories (and labs) to low-income countries or ignored the damage inflicted by predatory competition from higher income countries like Japan. And as I’ve long written, when Washington encouraged downwardly mobile Americans to resort to borrowing to maintain the living standards undermined by these lost incomes, the financial crisis became inevitable.

Nor, as I found out when researching my book The Race to the Bottom back in the late-1990s, more education wasn’t insulating American workers from these globalization-related threats because higher wage, knowledge-intensive jobs were being offshored as well (or taken by high skill H-1B immigrants) and because every other government on earth – including those in low-income countries – was working frantically to better educate its workers, too. And their numbers were immense enough to hold their own wages far below levels in the developed countries.

Moreover, as I also pointed out on Twitter, Trump’s backing among the college educated (and the even better educated) could well be much higher than many polls are showing. The reason? Many such voters are embarrassed to tell telephone pollsters their true political leanings. The evidence? Trump gets much better numbers in on-line polls than in phone surveys.

As always, I’m not saying that Trump would make a good president, much less that he’s beyond criticism. But in covering his campaign – and his constituency – is it too much to ask the media to refrain from blaming victims of America’s unmistakably mismanaged economy for their resentments?

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Terence P. Stewart

Protecting U.S. Workers

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