Pope Denounces Trickle-Down Economics

POPE FRANCIS SMILE WEARING GLASSES-170x112From TPM…Pope Denounces Trickle-Down Economics ‘Which Has Never Been Confirmed By The Facts’

Igor Bobic – November 26, 2013, 12:48 PM EST278

In his first encyclical released on Tuesday, Pope Francis laid out a broad mission statement which restated the church’s opposition to abortion but also emphasized what it can do for the poor and oppressed trapped in a world of growing income inequality.

“It is no longer simply about exploitation and oppression, but something new,” the pontiff wrote in the 85-page document. “Exclusion ultimately has to do with what it means to be a part of the society in which we live; those excluded are no longer society’s underside or its fringes or its disenfranchised – they are no longer even a part of it. The excluded are not the ‘exploited’ but the outcast, the ‘leftovers’.

The pope also denounced “trickle-down” theories of economics promoted by many conservatives and politicians who espouse an unregulated free market.

“In this context, some people continue to defend trickle-down theories which assume that economic growth, encouraged by a free market, will inevitably succeed in bringing about greater justice and inclusiveness in the world,” he said. “This opinion, which has never been confirmed by the facts, expresses a crude and naïve trust in the goodness of those wielding economic power and in the sacralized workings of the prevailing economic system. Meanwhile, the excluded are still waiting.”

2009 H1N1 Flu Pandemic Deaths > 400,000

… much worse than previously thought, and 400,000 is probably way low cuz of poor info from Africa and S and SE Asia…

…median age about 40…

…the death rate in Mexico was estimated at 5.2 per 100,000 population, versus 0.4 per 100,000 in Australia, 0.3 in France, and 2.8 in the United States…

…Osterholm noted that the mean age of people who died in the H1N1 outbreak was 40, at a time when life expectancy was 79 years… a flu death in a person who has a number of co-morbidities (other diseases) at age 78 is very different than that of a young, pregnant woman otherwise healthy at age 22… One should be dealing with years of life lost…