Like we didn't already know this:
(Al Jeezera)Researchers at the University of Oxford and the London School of Hygiene & Tropical Medicine have suggested that more than 10,000 suicides in Europe and North America can be linked to the severe economic downturn brought on by the 2008 financial crisis.This is about as prestigious a study panel as you could put together and their findings are borne out with five years of hindsight. This economic collapse was brought on by a combination of financial deregulation and unnecessary deficit spending brought on by tax cuts for the rich and the Iraq War. Millions of victims have seen their jobs lost, wages shrunk and homes lost but the greatest price was paid by those who couldn't take any more pain from this class war and chose to give up the ghost.
The study, published in the British Journal of Psychiatry, adds to a growing body of evidence that suggests that economic downturns have serious but somewhat predictable mental health consequences, and that with the right kind of intervention, the mental impact of recession can be reduced.
I emphasis that last line: "... with the right kind of intervention, the mental impact of recession can be reduced" That is a direct indictment of the Austerians on both continents who have, and continue to, chosen to fight this depression with spending cuts that are paid by the poor, down and out, unemployed and underemployed who saw their savings crushed and their lives ruined. Every time long term unemployment insurance is blocked by the
Right, each time food stamp recipients are demonized, lives are lost.
In the U.S., the suicide rate increased by 4.8 percent between 2007 and 2010. Canada saw a similar increase. In the EU, where the suicide rate had been steadily decreasing until the recession, it jumped from the pre-recession rate of about 10 suicides per 10,000 people by about 6.5 percent at the start of the downturn and remained at the higher rate through 2011.It is not a moral paradox.
In Sweden, Finland and Austria for example — where government assistance for the unemployed and clinically depressed is more readily available than elsewhere — the suicide rate remained consistent or saw small reductions despite the economic downturn.