Friday, November 23, 2012

58% of the 1.8 million borrowers whose student loans were began to be due in 2005 hadn't received a degree

According to a 2011 study by the Institute for Higher Education Policy, a Washington, D.C.-based research firm, 58% of the 1.8 million borrowers whose student loans were began to be due in 2005 hadn't received a degree. Some 59% of them were delinquent on their loans or had already defaulted, compared with 38% of college graduates

Saturday, November 17, 2012

Debt burden—which exceeds 100% of GDP in U.S

On 15 November 2012, debt held by the public
 was approximately $11.45 trillion or about
72% of GDP. Intra-governmental holdings stood
 at $4.83 trillion, giving a combined total
public debt of $16.28 trillion.
GDP was estimated to be almost $16 trillion in 2012.

Mental inequality versus social inequality

Mental inequality is something that government cannot do anything about

Friday, November 16, 2012

Individual responsibility

Individual responsibility is the capacity to recognize and accept the consequences of a fact made freely.

Thursday, November 15, 2012

Turnout US presidential election 2012

Turnout dropped by 7.9 million voters, falling to 123.6 million this year from 131.5 million in 2008. This is the first decline in a presidential election in 16 years. Only 51.3% of the voting-age population went to the polls.

Monday, November 12, 2012

They're basically just looking for a steady job as their own boss.

Less than a quarter of America's 27 million small businesses have employees. An even smaller portion grow beyond 20 employees. And many of them don't want to. New research from the University of Chicago finds that 75% of small-business owners aren't aiming for growth at all. They're basically just looking for a steady job as their own boss.

Friday, November 9, 2012

The 2012 presidential election results in the highest income counties in the United States:



The 2012 presidential election results in the highest income counties in the United States:


Mitt Romney/Paul Ryan - 47%
R

Barack Obama/Joe Biden - 52%
D




Mitt Romney/Paul Ryan - 40%
R

Barack Obama/Joe Biden - 59%
D




Mitt Romney/Paul Ryan - 29%
R

Barack Obama/Joe Biden - 69%
D