The American Human Development Project, a nonpartisan initiative, completed their The Measure of America report. It measures three categories: health, education, and income. Some of the findings are as follows: U.S. life expectancy is 78.6 years, the same life expectancy for Chile. Chile spends 10% of what the U.S. spends on health care. The 11 […Full Article]
Greg Ip in The Washington Post in November 2012 reported on misconceptions about current Federal Reserve Policies. The Federal Reserve will create high inflation by creating the new Quantitative Easing policy and printing $600 billion. The “money can lead to inflation only if banks lend it and consumers and businesses spend it.” Currently, banks have […Full Article]
The Doing Business report, a project of The World Bank Group, annually publishes findings on the business climate of individual countries, business regulation and enforcement, and the impact on small to medium-size companies (ease of doing business). The U.S. overall ranked 5th out of 183 countries, the same rank as 2010. (The lower the number, […Full Article]
Marisol Bello in USAToday in November 2009 reported the following: 49 million Americans went hungry or had insufficient food at some point in 2008. The above number is the highest reported since the government started tracking the statistic in 1995. In the same year, “16.7 million children did not eat regularly at some point”. “Vicki […Full Article]
According to the CDC, the Centers for Disease Control and Prevention, part of the Department of Health and Human Services, food “deserts are areas that lack access to affordable fruits, vegetables, whole grains, low-fat milk, and other foods that make up the full range of a healthy diet.” The USDA (United States Department of Agriculture) […Full Article]
Martin Fackler in The New York Times in October 2010 reported the following: Much of Japan’s middle class’ living standards have dropped, meaning living in less expensive homes, purchasing less expensive cars, travelling less, etc. “For nearly a generation now, the nation has been trapped in low growth and a corrosive downward spiral of prices, […Full Article]
Hope Yen in USAToday in September 2009 reported the following: “The wealthiest 10% of Americans – those making more than $138,000 a year – earned 11.4 times the $12,000 or so made by those living near or below the poverty line in 2008, according to newly released census figures. That ratio is an increase from […Full Article]
Click on the chart below to see an enlarged, clearer chart. To read the entire article, click on Bulls, Bears, Donkeys and Elephants. Bryan Keller in Seeking Alpha in June 2008 wrote the following: “Additionally, though the analysis done in this paper may have come to the conclusion that historically incoming Democratic Presidents have been […Full Article]
L. William Seidman, former chairman of the Federal Deposit Insurance Corporation (FDIC) and the Resolution Trust Corporation (RTC), mentioned in September of 1996 that “the banking problems of the 80s and 90s came primarily, but not exclusively, from unsound real estate lending.” He added, “the critical catalyst causing the institutional disruption around the world can […Full Article]
Thorsten Polleit from the Mises Institute in November 2005 illustrated the relationship between the money supply and inflation. To read the entire article, click on Why Money Supply Matters. Click on the chart below to see an enlarged, clearer chart. Click on the chart below to see an enlarged, clearer chart. Click on the chart […Full Article]