100 mind-blowing facts about the economy
 

"In no particular order from the Motley Fool…

1. The unemployment rate for men is 8.4%. For married men, it's 4.9%.

2. The unemployment rate for college graduates is 3.9%. For high school dropouts, it's 13%.

3. According to The Wall Street Journal, in 2010, "for every 1% decrease in shareholder return, the average CEO was paid 0.02% more."

4. According to The New York Times: "From 2001 to 2011, state and local financing per [college] student declined by 24 percent nationally."

5. Transparency International’s Corruption Perceptions Index ranks the United States as the 24th least-corrupt country in the world, just behind Qatar and ahead of Uruguay.

and for the rest: 100 Mind-Blowing Facts About the Economy

Very interesting stuff, I didn't realize the effect the single child rule may have on china in the near future.

Enter Content

Some very interesting facts indeed.

11. A Honda Civic hybrid starts at $24,200 and gets 44 miles per gallon. A Civic with a normal gas engine starts at $16,000 and gets 39 MPG. If you drive 15,000 miles a year and gas averages $4 a gallon, it will take 47 years for the hybrid to justify its cost over the traditional model.

14. At the height of his success, Andrew Carnegie's annual income was 20,000 times the average American's wage, according to historian Frederick Lewis Allen. That's the equivalent of about $720 million in today's economy. In 2010, hedge fund manager John Paulson earned $4.9 billion, or nearly seven times what Carnegie earned in his prime. The key difference: Carnegie made steel to construct buildings. Paulson bought derivatives to bet against them.

88. If you're fed up with unemployment caused by offshoring, you'll love this: According to a 2006 Government Accountability Organization study, the processing of unemployment insurance claims are partially offshored in several states.

your investment
 

GM, down .03 as I write, costs the US taxpayers $5 million for each penny it falls. It is down 45% since its 11/2010 IPO.

Government Motors: GM Stock Hits New Low, Taxpayer Loss Hits $35 Billion - Investors.com

WW

That investment worked out really well .:rolleyes:

For the 2012-2013 fiscal year, California will spend $8.7 billion on prisons and $4.8 billion on its UC and state college systems.
...and...
America is home to less than 5% of the world's population, but nearly a quarter of its prisoners

That's just sad.

If you earn minimum wage, you'll need to work 923 hours to pay for a year at an average public four-year college. In 1980, it took 254 hours.

67. According to writer Tim Noah, average stock options granted to CEOs between 1992 and 2000 rose from $800,000 to $7 million, and average total compensation quadrupled.