Econ70
The Friday File: Twin births in the US are soaring. In ’09, 1 in 30 babies born was a twin. In ’80 it was just 1 in 53! Why? Women in their 30s just have fraternal twins more often and…
Antibiotics (ABs) work against bacteria, not viruses. Yet out of ignorance, patients press doctors to prescribe ABs for viruses. Doctors do it to please ill-informed patients. Regrettably, this results in drug resistant bacteria; a terrifying public health hazard. The dilemma…
China’s economy must slow dramatically, here’s why. China’s growth over the last few decades has been based on huge government investment. But good projects are getting hard to find and rich countries are growing slowly, if at all. Thus exports…
While the labor market is improving, high school dropouts aren’t seeing it. For dropouts over 25, the unemployment rate is 13%, while it’s just 8.5% for high school grads and 4.2% for persons with a college degree or more. Worse,…
Christians, 33% of the world’s population, comprise half the world’s 214 Million Immigrants (MI). Muslims, 25% of the population, comprise 28% or 60 MI, Hindus, 15% of the population, comprise 5% or 11 MI, and Jews, 0.25% of the population,…
The Friday File: Of the million most popular websites, 4% are sex-related. If you count by search, about 10% to 15% of all searches are porn related. On a monthly basis, the most popular porn website regularly attracts 2.5% of…
It’s known that mortality rates rise in economic expansions. Why? In better economic times, nursing care quality falls and since women use nursing homes at the end of their life way more than men, the bad care kills older women.…
Banks currently own 450,000 houses, 2 million are in foreclosure, and 1.7 million more have not had a mortgage payment made on them in 90 days. This adds up to 4.15 million houses. The problem is that the economy has…
While Hispanics make up a large percentage of the population, their electoral power is limited. In the ’10 mid-term elections Hispanics were just 6.9% of the electorate as just 42.7% of the Hispanic population is eligible to vote (78% for…
Q1 ‘12 GDP came in at a dismal 2.2%, not nearly fast enough to dent unemployment. The biggest problem, after adjusting for inflation, wages fell last year. The only reason consumer spending is up is because savings rates keep declining;…