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]
An article of faith among neoliberals is that monopolies are efficient because they are so profitable that they can offer better prices to their customers as well as better services.
Back in 2017, The Nation ran a superb, in-depth story on "heirs' property," a legalized form of property theft that allows primarily rich white developers to expropriate land owned by the descendants' of Black slaves.
A leaked cable from the British ambassador to the US, sent home to the British Foreign and Commonwealth Office has the ambassador calling Trump "insecure," "incompetent" and "inept." In the ambassador's defense, it's completely true. Trump has not yet commented on the news.
Theoretically, there’s never been an easier time for marketers. The ubiquity of social media means a good word – or a good brand – can spread like wildfire with very little effort. But as limitless as the internet is, there’s a lot of competition and noise to contend with. And the vast graveyard of failed […]
They might be the shiny new thing, but AirPods aren’t for everybody. Maybe you’re looking for a new sound or you understandably lost those tiny buds during a brisk run. If so, here’s 10 headphones and earbuds that break out of the Apple mode with a return to quality and wearability. Klipsch R5 Bluetooth Neckband […]
When it comes to passwords, there’s no such thing as paranoia. You want them secure and complex, and you definitely don’t want to repeat them on all your accounts. The trouble is, the internet seems to keep growing. And so do those accounts. Just one lockout from an important email or banking site is enough […]