Worst Economy Since... - 9/25/09

A Google News search shows that the phrase "since the 1930s" has been used 7,454 times in the last month, and the phrase "since the Great Depression" has been used almost 6,000 times in the last month, and most of these news references are comparisons of today’s economic and financial conditions to the 1930s and the Great Depression. In contrast, the phrase “since the 1980s” has been used only 758 times in the... More

Public-Private Sector Wage Gap - 9/24/09

The Bureau of Economic Analysis has released its annual data on compensation levels by industry. The data show that the pay advantage enjoyed by federal civilian workers over private-sector workers continues to expand.

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Federal Debt In Charts - 9/23/09

Simple charts vividly demonstrate the immensity of the exploding debt problem now faced by the United States. The large expansion of debt in World War II looks like a small blip compared to what's coming.

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Income Tax Rates Fall Worldwide - 9/18/09

 

KPMG has just published a look at income tax rates in 86 countries around the world. Above is the average highest rate since 2003.

 

 

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What Economists Believe - 9/17/09

A new survey of the attitudes of members of the American Economic Association finds widespread agreement among economists on certain issues of topical relevance today, but disagreement on others. The full results of the survey appear in the September issue of Econ Journal Watch. Results do not add up to 100% because some economists were neutral on questions.

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How Sticky Are Recession Wages? - 9/16/09

The increase in compensation costs for state and local government workers in the second quarter accelerated to 1 percent from 0.8 percent in the previous quarter, while the private sector increase was a measly 0.2 percent, same as in the previous quarter.Some wages, it seems, are a lot “stickier” than others.

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Where Health Costs Are Rising Rapidly - 9/15/09

This chart shows the average annual change in per capita spending on health between 1990 and 2007 (the last available year for most countries). The U.S. shows up almost exactly in the middle of the pack. This is not an artifact of the years picked—it’s true for 1997-2007 and 2000-2007 as well.

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Household Income and the Uninsured - 9/11/09

Almost 4 out of 10 uninsured Americans live in households making more than $50,000 a year, a new study finds.

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Unemployment Among States - 9/11/09

Although the national unemployment rate is nearly double-digits, there are large differences in joblessness among the states. Below are states with the  lowest and highest rates of unemployment.

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Adding Up Health Plan Costs - 9/02/09

America’s Affordable Health Choices Act of 2009 is a bill proposed to reform the US health care system. This infographic explains where the money comes from and goes to.

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