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.
Wednesday, April 30, 2014
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.
Tuesday, April 29, 2014
What is Europe today?
What is Europe today?
A struggle against entrenched interests and hardened habits.
A struggle against entrenched interests and hardened habits.
Saturday, April 26, 2014
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.
Because the playing field is economic efficiency.
Tuesday, April 22, 2014
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.
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.
Monday, April 21, 2014
How to increase your chances of being poor.
How to increase your chances of being poor.
Being born to an unmarried couple.
More than 20% of children in single-parent families live in poverty long-term, compared with 2% of those raised in two-parent families, according to education-policy analyst Mitch Pearlstein's 2011 book "From Family Collapse to America's Decline."
70% of blacks, 30% of whites and 50% of Hispanics are born to an unmarried couple.
Being born to an unmarried couple.
More than 20% of children in single-parent families live in poverty long-term, compared with 2% of those raised in two-parent families, according to education-policy analyst Mitch Pearlstein's 2011 book "From Family Collapse to America's Decline."
70% of blacks, 30% of whites and 50% of Hispanics are born to an unmarried couple.
Sunday, April 20, 2014
Americans savings rate versus U.S government savings rate
Americans savings rate versus U.S government savings rate
Americans boosted their savings rate to 6.1% in 2009. But as the economy has mended, our inclination to save has waned, reaching just 4.5% last year.
The CBO, a nonpartisan agency that advises Congress on budget policy, forecast deficit for the 2014 is $492 billion, or $23 billion less than it estimated two months ago. That's equivalent to 2.8% of gross domestic product, marking the smallest deficit since 2007. Since 1980, the deficit has averaged roughly 3.2% of GDP.
Americans boosted their savings rate to 6.1% in 2009. But as the economy has mended, our inclination to save has waned, reaching just 4.5% last year.
The CBO, a nonpartisan agency that advises Congress on budget policy, forecast deficit for the 2014 is $492 billion, or $23 billion less than it estimated two months ago. That's equivalent to 2.8% of gross domestic product, marking the smallest deficit since 2007. Since 1980, the deficit has averaged roughly 3.2% of GDP.
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