Certain types of personal injury accidents are not strictly “personal.” They have an effect on the families and communities of the people who suffer them. While the personal effects may be the most noticeable and dramatic, both traumatic brain injuries (TBIs) and spinal cord injuries (SCIs) have an impact on the economy as well.
Many people believe the economy hinges on businesses, but in fact, the foundation of any economy is human labor. Without people to work and produce the goods and services, there is nothing to buy; and without people to purchase the goods and services, production means nothing. This has become clearer to many people during the pandemic and its aftershocks: what affects people ultimately drives the economy, for good or bad.
While the micro-effects of a single person’s debilitating physical injury may be harder to see than the scale of the effect of a global pandemic, they are nonetheless important. According to the Centers for Disease Control:
Spinal cord injuries have similar impacts on the economy. According to a recent study:
TBIs and SCIs also have a large impact on the economy in terms of workforce participation. Most victims of serious TBI or SCI are unable to work at their jobs as they once did. This can result in a loss of labor while, at the same time, new demands on the victim’s family and community.
At Barber & Associates, we have spent many years working with victims of both traumatic brain injuries and spinal cord injuries. By helping these victims to recover compensation for their losses, we are able to help them acquire the support they need and ease the burdens on their communities. We work hard to ensure that the people we represent are treated fairly and recover as much compensation as possible for their medical bills, expenses and pain, and suffering. Give us a call today to learn how we can help you recover more money for your injuries.
Barber & Associates, LLC has recovered more than 45 Million Dollars in verdicts and settlements for Injured Alaskans.
Auto accidents can happen to anyone at any time, regardless of how defensive someone may be behind the wheel. If you or someone you love has been harmed in such an incident, you have legal rights and options that need to be explored.