Until 2017, the biggest bill Americans ever paid for a year's worth of "natural disasters" was $214.8B, back in 2005: in 2017, it was at least $300B, not counting much of the damage to Puerto Rico from Hurricane Maria.
Those Chinese hoaxes are fantastically detailed.
Every now and again, you hear people talk about how unrealistically expensive it will be to decarbonize our industry and energy sectors. Those people (who often complain about paying for social programs because "we are saddling our children with debt") are fucking idiots and they owe the rest of us at least $300,000,000 for 2017.
The estimates include insured and uninsured losses, and the data used were compiled from several sources, such as the Insurance Services Office, the Federal Emergency Management Agency, U.S. Department of Agriculture, National Interagency Fire Center, Energy Information Administration, U.S. Army Corps and various state agencies.
In calculating its records, NOAA compares years since 1980, when the agency began looking at the costs of disasters.
Data on some disasters could also still be forthcoming, especially on the damage caused by Hurricane Maria in Puerto Rico, said Adam Smith, an economist at NOAA's National Centers for Environmental Information. This is not that unusual. Data from damage due to Hurricane Katrina in 2005 was still pouring in several months after the storm.
US disaster costs shatter records in 2017, the third-warmest year on record [Robert Ferris/Reuters]
America's telcoms sector is hugely concentrated and corrupt, and systematically underinvests in maintenance and infrastructure even as it gouges customers, which it can get away with thanks to its monopoly power, leaving Americans with some of the world's worst, most expensive communications services.
The past two years have seen a tremendous shift in the public perception of capitalism and socialism, the character of philanthropy as reputation-laundry rather than generosity, and the nature of wealth as an indicator of sociopathy, not virtue or cleverness.
Elizabeth Warren has released a characteristically detailed campaign plan to counter white nationalist violence in the USA, whose multi-pronged approach includes directing the DoJ to be more vigorous in pursuing white nationalist groups (and to lay off the Cointelpro-style surveillance of groups that advocate for protections for racialized people); centralized data collection on white nationalist […]
Once you’ve cut steak or poultry with some actual quality knives, it’s really tough to go back to those budget blades you bought at the department store a couple of decades ago. Consider that a fair warning about this 5-Piece Professional Damascus Chef’s Kitchen Set. The holiday discount makes it easy to buy for a […]
Concerned about your eyesight? You probably should be. And we’re not just talking about seniors here. Young or old, we’re all at risk of coming down with vision issues Most of us might get a vision test only once every couple of years or so when we get a new pair of glasses – if […]
We love our smartphones and tablets, but we also love to write. For a while now, there hasn’t been a workable solution. Either hook it up to a keyboard (which defeats the purpose of a portable gadget) or resign ourselves to typing on tiny, unresponsive glass icons. Looks like technology has finally caught up to […]