The problem of childhood exposure to crime and violence, which we previously called the Childhood Trauma Impact, was declared a "national crisis" and is estimated to be one of the most damaging and costly public health and public safety problems in our society.Nevertheless, thus far, no one knows how much it actually costs us.This Article aims to answer this daunting question and provide an empirical economic analysis of the cost of the Childhood Trauma Impact problem to the state and society.Children whose lives are touched by crime are left with deep scars that gravely affect their mental and physical health, as well as their life outcomes.Such negative corollaries inflict hefty costs on the state and society at large.In fact, our analysis reveals a total annual cost of more than $496 billion.Despite the severity and cost of the problem, our society has done little to help affected children recover.The analysis presented in this Article will form the basis for an evidence-based argument as to the unparalleled economic benefits of investment in early intervention efforts to alleviate the injurious and costly outcomes for children affected by crime exposure.The U.S. has sustained 338 weather and climate disasters since 1980 where overall damages/costs reached or exceeded $1 billion (including CPI adjustment to 2022).The total cost of these 338 events exceeds $2.295 trillion.In 2022 (as of October 11), there have been 15 weather/climate disaster events with losses exceeding $1 billion each to affect the United States.These events included 1 drought event, 1 flooding event, 10 severe storm events, 2 tropical cyclone events, and 1 wildfire event.Overall, these events resulted in the deaths of 342 people and had significant economic effects on the areas impacted.The 1980-2021 annual average is 7.7 events (CPIadjusted); the annual average for the most recent 5 years (2017-2021) is 17.8 events (CPI-adjusted).he National Centers for Environmental Information (NCEI) is the Nation's Scorekeeper in terms of addressing severe weather and climate events in their historical perspective.As part of its responsibility of monitoring and assessing the climate, NCEI tracks and evaluates climate events in the U.S. and globally that have great economic and societal impacts.NCEI is frequently called upon to provide summaries of global and U.S. temperature and precipitation trends, extremes, and comparisons in their historical perspective.Found here are the weather and climate events that have had the greatest economic impact from 1980 to 2022.The total of the cost of Childhood Trauma during the same time frame is 20.8 trillion dollars.With that being the case, which is the most costly for the United States.The financial impact is clear.
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Ronald A. Hummons (2023) studied this question.
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