Econofact: Gun violence plagues America, but tougher policing isn’t the best answer

by | Nov 15, 2022 | Stock Market

The Issue: In 2020, almost 25,000 people were murdered in the U.S., nearly 80% of them with a firearm. That year saw homicides rise by 30%, the largest single year increase on record, with almost all the new deaths due to firearms. This level of gun violence generates enormous—and unevenly distributed—social costs. The burden is particularly severe for young people and young men of color: guns are now the leading cause of death among children and adolescents in the U.S. (including suicides and accidents), and gun homicide is the leading cause of death for young Black men.

Far more Americans die from gun violence than in other developed countries.

Econofact

Exposure to gun violence generates far-reaching harm to children and families well beyond the victims directly involved, with a disproportionate impact on economically marginalized communities.

“The U.S. homicide rate is over seven times greater than those of other industrialized economies. In 2020, guns accounted for almost 80% of U.S. homicides.”

The Facts: America stands out from its peers in its high level of gun violence. The total U.S. homicide rate is, on average, over 7.5 times higher than those of othe …

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