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Arthur T Knackerbracket has found the following story:
London, United Kingdom - A decade of "austerity" - a political programme of slashing public spending on services in a bid to reduce government budget deficits - has seen significant effects on the health and wellbeing of Britons, new research has reported.
Life expectancy has stalled and mortality rates have increased, especially for the poorest in the United Kingdom, according to a report commissioned by the Institute of Health Equity.
The report, Health Equity in England: The Marmot Review Ten Years On, was launched on Tuesday and sees Sir Michael Marmot, a former president of the World Medical Association, updating his influential 2010 report, having been asked by the then-Labour government to study the question: "Is inequality making us sick?"
Marmot's latest research analysed a wealth of data from the Office for National Statistics (ONS) and Public Health England to explore what has happened since his last landmark report. And the answer can only be summarised as: Not only is inequality making us sick but it is killing us quicker.
In the past decade - for the first time in 120 years of increasing life expectancy in England - life expectancy has stalled for those people living in the UK's 10 percent most deprived areas, particularly in the northeast.
Among women from the most deprived areas - especially British women of Bangladeshi and Pakistani origin - life expectancy fell between 2010-2012 and again between 2016-2018.
Mortality rates have meanwhile increased for people aged between 45 and 49 - the generation that grew up under former Prime Minister Margaret Thatcher's administrations. The report details how life expectancy follows the social gradient - the more deprived the area, the shorter the life expectancy.
Marmot's data analysis finds that, as the social gradient has become steeper, so inequalities in life expectancy have also increased.
Austerity has adversely affected the social determinants that impact on health in the short, medium and long term. Austerity will cast a long shadow over the lives of the children born and growing up under its effects
:- Professor Sir Michael Marmot
(Score: 5, Interesting) by Phoenix666 on Thursday February 27 2020, @10:35PM (1 child)
The thing about the wealthy that most people don't realize is that most of the wealthy are quite bad at making money. Study after study by outfits like the Harvard Business Review have shown that those who inherit wealth excel in squandering it, and that most who luck into it turn out to be just as poor at investing it as the general population (see: poor success among angel investors).
That is why they work so very hard at rigging the game so they get huge windfalls at public expense. It's risk-free money. It is why they are fighting so very hard right now, because with Trump as a populist on the right and Bernie as a populist on the left, they are facing a squeeze play.
So we don't need to implement socialism a la Bernie to revive the American project. Rather, we need to reprise the Teddy Roosevelt Trust Busting that issued in the American Century. If we wrest control of our country back from shadowy figures in international banking and put a stop to regulatory capture the problem of wealth inequality will start to reverse itself as the ultra-wealthy begin to suffer the effects of their bad decisions instead of socializing their losses onto the rest of us.
Washington DC delenda est.
(Score: 1, Interesting) by Anonymous Coward on Friday February 28 2020, @03:52PM
> because with Trump as a populist on the right
Please 'splain to me how Trump is squeezing the rich?