The cost of college tuition in the US contiues to increase each year. In fact, college tuition has been increasing at a higher rate than even healthcare and is double that of overall consumer prices. The causes for the relentless rise of college tution are many including cheap and easy loans from Uncle Sam, requirement …
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Water consumption per capita is high in the US relative to other countries. An average American consumes 1,583 cubic metres per year. Other developed countries like UK, Denmark, Ireland, etc. consumer much less. For example, an average British consumers only 129 cubic metres according to the chart below: Click to enlarge Source: Running Out of Freshwater, The …
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The graph below shows the US top marginal individual income tax rate against top marginal corporate tax rates. The tax rates haven’t changed in over 30 years. The current administration is planning to reduce the top rate for individuals from 39.6% to 35% and for corporations from 35% to 20%. Click to enlarge Source: This …
Continue reading ‘US Top Marginal Income Tax Rates 1913 To 2017: For Individuals vs. Corporations’ »
Higher economic growth does not necessarily lead to better well being of a country’s citizens. Among the G-7 member countries the US has the highest GDP per capita but the lowest life expectancy according to an article by Prof.John Ross, Senior Fellow at Chongyang Institute for Financial Studies, Renmin University of China. The fact that …
The following is an neat chart showing the growth of US National Debt, GDP and debt held by the public. Most of the outstanding debt is held by the American public and not Chinese as commonly misunderstood. So the theory that China can crash the US economy by simply dumping their US treasury holdings is simply …