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On the Fourth of July, Trump said that the United States was testing too much, and that "by so doing, we show cases, 99% of which are totally harmless." Food and Drug Administration commissioner Dr. Stephen Hahn declined to confirm Trump's comments. The WHO estimated 15% of COVID-19 cases become severe and 5% become critical. [137] [138]
The concept of inequality is distinct from that of poverty [5] and fairness. Income inequality metrics (or income distribution metrics) are used by social scientists to measure the distribution of income, and economic inequality among the participants in a particular economy, such as that of a specific country or of the world in general.
The CRFB noted that when Social Security’s long-term projections are calculated, it is assumed this $2.8 trillion will be repaid, so this borrowing from the program’s trust fund isn’t the ...
The consumer appetite that kept the US economy afloat through the worst of the pandemic and beyond remains hearty — it’s just craving something new. This earnings season, retail bosses have ...
The United States has a highly developed mixed economy. [44] [45] [46] It is the world's largest economy by nominal GDP and second largest by purchasing power parity (PPP). [47]As of 2024, it has the world's sixth highest nominal GDP per capita and eighth highest GDP per capita by PPP). [10]
On the campaign trail, Trump was vocal about eliminating taxes on Social Security, which would give seniors more money in their pockets, but it would cause financial troubles in the long term and ...
Social Progress Imperative evaluated hundreds of possible indicators while developing the Social Progress Index, including engaging researchers at the Massachusetts Institute of Technology (MIT) to determine what indicators best differentiated the performance of nations. The index uses outcome measures when there are sufficient data available ...
The economic impact of the COVID-19 pandemic in the United States has been widely disruptive, adversely affecting travel, financial markets, employment, shipping, and other industries. The impacts can be attributed not just to government intervention to contain the virus (including at the Federal and State level), but also to consumer and ...