The words more difficult to believe

The words more difficult to believe:

“Everything is fine and the issues are being addressed.”

How much slack remains in the U.S. economy?

How much slack (the amount of unused capacity and idle labor) remains in the U.S. economy?

Developers Turn Former Office Buildings Into High-End Apartments.

The share of the workforce that is working part time but would prefer to work full time remains quite high by historical standards.

Which is and where is the America’s richest county?

Which is and where is the America’s richest county ?

Virginia's Loudoun County.

Black or African American     7.7%
Asian           16.0%
Hispanic or Latino 12.8%

Foreign born persons, percent, 2008-2012 :22.4%

High school graduate or higher, percent of persons age 25+, 2008-2012   : 93.4%   

Median household income, 2008-2012  :$122,068   


Metropolitan or Micropolitan Statistical Area:
Washington-Arlington-Alexandria.

U.S. gross domestic product in first quarter of 2014

The Commerce Department's Bureau of Economic Analysis announced Wednesday that the economy grew at a paltry, seasonally adjusted annual rate of 0.1 percent in the first quarter of 2014.

What is Europe today?

What is Europe today?

A struggle against entrenched interests and hardened habits.

Why progressive taxation and investment in everyone's education doesn't help to level the playing field?

Why progressive taxation and investment in everyone's education doesn't help to level the playing field?
Because the playing field is economic efficiency.

Millionaires versus poor

Millionaires versus poor

According to consultancy firm WealthInsight, the number of high net worth individuals (with assets of $1 million U.S. or more) in Canada grew to 422,000 in 2012, accounting for about 1.2 per cent of the population.

The U.S. was in first place, with 5.2 million millionaires compared to Canada’s 422,000.

According to  the Luxembourg Income Study Database a family at the 20th percentile of the income distribution in the U.S. makes significantly less money than a similar family in Canada, Sweden, Norway, Finland or the Netherlands.
There are  60,900 millionaires  in Sweden.
There are 54,810 dollar-millionaires in Norway.
Statistics show there are 45000 millionaires in Finland.
The Netherlands had 152 millionaire households at the end of 2011.