Read on Twitter
some countries are going to bounce back from coronavirus. americans are gonna struggle. we& #39;re probably not ready for how hard it& #39;ll be.
and here& #39;s exactly why, in 2,000 charts
(jk it& #39;s just like 20 very clear charts)
and here& #39;s exactly why, in 2,000 charts
(jk it& #39;s just like 20 very clear charts)
so America is trying to rebuild at a time when everyday Americans are struggling more than ever
think about your income: compared to GDP, it& #39;s actually trailing. by a lot. but for the rich? it& #39;s climbed 420 percent!
think about your income: compared to GDP, it& #39;s actually trailing. by a lot. but for the rich? it& #39;s climbed 420 percent!
here& #39;s a fun question: are you making more than your parents did at the same age?
for people born in 1940, they& #39;d have a 90% of beating mom and dad in the income race. ask someone born in 1980, it& #39;s a coin toss:
for people born in 1940, they& #39;d have a 90% of beating mom and dad in the income race. ask someone born in 1980, it& #39;s a coin toss:
meanwhile, as we know (and somehow continuously accept), executive pay has skyrocketed:
what about wealth?
if you& #39;re rich, you& #39;re doing great. everyone else? doing worse compared to 2007:
if you& #39;re rich, you& #39;re doing great. everyone else? doing worse compared to 2007:
OK so maybe it& #39;s obvious the rich have vast amounts of wealth. they& #39;re rich!
but they also accumulate... years of life!
rich people live longer — and the gap is growing. some lower-income groups actually have a *shorter* life expectancy than they used to have:
but they also accumulate... years of life!
rich people live longer — and the gap is growing. some lower-income groups actually have a *shorter* life expectancy than they used to have:
life expectancy in the US is also slumping overall compared to many other rich countries
could a reason for that be... our broken healthcare system?
people with lower incomes and people without high school educations are the least likely to have health insurance:
people with lower incomes and people without high school educations are the least likely to have health insurance:
let& #39;s keep going
college degrees are a HUGE dividing line in America. if you don& #39;t have a college degree, you& #39;re way more likely to die from "deaths of despair" like suicide or drugs. and you& #39;ll probably drink more:
college degrees are a HUGE dividing line in America. if you don& #39;t have a college degree, you& #39;re way more likely to die from "deaths of despair" like suicide or drugs. and you& #39;ll probably drink more:
you& #39;re also more likely to smoke, which causes more health issues... which, of course, you can& #39;t afford to treat since you might not even have health insurance:
behind some of that despair might be this: a smaller share of men are working today than in the past.
this includes factory workers who can& #39;t find high-paying jobs.
this includes factory workers who can& #39;t find high-paying jobs.
and their support networks/advocates — namely unions — have seen plummeting membership:
so that& #39;s work. that& #39;s school. how& #39;s it looking at home?
in what i consider the "American imagination," marriage is the bedrock of family life. but nearly 1/4 of American kids grow up in single-parent homes, more than any other country:
in what i consider the "American imagination," marriage is the bedrock of family life. but nearly 1/4 of American kids grow up in single-parent homes, more than any other country:
that also cuts across educational lines. If don& #39;t have a degree, you& #39;re less likely to be married, and the trend is worsening:
so a degree is key to success, right? more people are going to college overall, so that& #39;s good!
but there& #39;s been no real change for lower-income kids:
but there& #39;s been no real change for lower-income kids:
i wonder why... $$$$
no, coronavirus didn& #39;t create America& #39;s inequality. but it& #39;s becoming SUPER clear right now that inequality is going to make climbing out of this economic collapse and health crisis extremely, extremely difficult for Americans
it& #39;s time for new ideas. it& #39;s time for big change!
it& #39;s time for new ideas. it& #39;s time for big change!
check out this story: https://nytimes.com/interactive/2020/04/10/opinion/coronavirus-us-economy-inequality.html
then">https://nytimes.com/interacti... check out our new series THE AMERICA WE NEED. bc lordy do we need a new one.
then">https://nytimes.com/interacti... check out our new series THE AMERICA WE NEED. bc lordy do we need a new one.
