Tag: economics
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Where to Live for the Highest Income
So perhaps the title is a bit of a non-sequitor, but the Washington Post released a table of the Top-100 counties by average income. As a Washington paper their focus was on that city’s suburbs, three counties of which are Numbers 1, 2, and 3. But I wanted to get a sense of where other…
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Better, Safer Driving
Hannah Fairfield at the New York Times created a great infographic a few years ago that looked at the history of the price of gasoline and how many miles, on average, an American drove in a car per year. The piece told some rather interesting stories starting in the 1950s with the explosion of the…
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The Growth of the Non-payers of Federal Income Tax
Today will be an unusual day in that it shall have two posts. This first post is following up on yesterday’s about the 47% of Americans who do not pay federal income tax. The Earned Income Tax Credit was created to incentivise people to work. A tax on your income, after all, does the opposite.…
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Obama Administration Failing on Mortgage Modifications
Today’s post features a Sankey diagram from the New York Times that looks at how the Obama administration has been failing to help homeowners with mortgage problems. Less than 25% of applicants have seen successful modifications of their home loans. The diagram here clearly shows the process and the failures that have led to so…