In Germany market economy is social, unions strong and income disparities refreshingly small. While not completely wrong, this is not quiet true anymore. New figures suggest that in the last decade despite rapid economic growth and exploding wages for already high-income earners, the lowest income class has suffered a significant net loss in purchasing power….
Tag Archive: USA
US – Teachers Cheats to Reach Standards
Cheating in schools doesn’t seem to be noteworthy enough to be mentioned here. In this particular case however it absolutely merits your attention. In order to answer the yearly progress requirements of the “No Child is Left Behind Act”, which is linked to financial support and in the last consequence to a school’s existence and…
US-Deficit – Big Tax Breaks for Big Oil
Two figures are relentlessly increasing in the US: The budget deficit, which will reach staggering 1500 billion dollars in 2011and the benefits of oil companies, helped by federal tax-breaks of some 20 billions per year. On the one hand the oil industry causes huge environmental and societal risks (who still remembers and cares about the…
US-Census – More Colorful America, Living in the South And the West
Japan’s population is aging and shrinking quickly, Europe – with the notable exception of France – is heading the same way and is only slightly growing because of immigration. Now the newest figures from the US-census are available. During the last decade, total population grew by 10% to 309 million people. 92% of growth came from…
Taxes – Every 10th Dollas Goes to the Consultants
New figures on the US tax system. I already wrote about it but this is again absolutely noteworthy. For filing them, US tax payers invest 6 billion hours (250 million working days, 35 million weeks or 8.9 million months, employing 800’000 full time very good paid consultants and paying 162 billion dollars which equals 11%…
Religion – Unknowing Believers
Who knows the most on religious matters? The most obvious answer is wrong. According to a recent US study, not particularly religious people but agnostics and atheists are the most religions-savvy. For the president of America’s atheists this outcome can be explained by the fact that agnostics and atheists generally engage intensively with religion. Further…
