Racial Discrimination at UW-Madison Gets Minority Students Admitted, But Almost 50% Don't Graduate
Professor Mark J. Perry's Blog for Economics and Finance
For the last four years since 2008, the average price of a new home in Detroit has been below the national average price of a new car (see chart). For 2011, the average price in Detroit for homes sold year-to-date through July is $14,998, compared to the $29,602 average price of a new car. In other words, you could buy two houses in Detroit for about the same price as a new car. Maybe a middle-income household in Detroit could be a two-home, two-car family?
BISMARCK, N.D. (AP) - "North Dakota's booming oil patch is likely to slow just a bit this weekend as the state marks 60 years of production at a festival in Williston. Kevin Paschke, executive director of the Williston Chamber of Commerce, said the Williston Basin Energy Festival is a time for fun and relaxation but also a tribute to "risk-takers who had the vision and believed oil was beneath us.''
|August 2011||June 2006||April 1989|
HUMAN EVENTS -- "A decade after the TSA was created following the September 11 attacks, the author of the legislation that established the massive agency grades its performance at “D-.”
1. Cato's Michael Tanner, "At Least Ponzi Didn't Force People to Enroll":
During the month of August, 40 new retail health clinics opened including 25 new Minute Clinics in CVS stores (bringing the total to 520, the most of any national chain), 6 new Clinics at Walmart (137 total), and 4 new Target clinics (44 total). After accounting for 5 closings in August, the net increase of 35 new retail clinics last month brought the national total up to 1,300, an all-time record high, according to retail clinic trade association Merchant Medicine. Compared to August of 2010, the number of retail clinics nationwide has increased by 110, representing a 9.2% increase from a year earlier.
The Bureau of Economic Analysis released detailed data today on U.S. international transactions for the second quarter of 2011.
AEI economist Andrew Biggs (formerly principal deputy commissioner of Social Security) writes in the American.com (emphasis added):
The Census Bureau released its annual study today on "Income, Poverty, and Health Insurance Coverage in the United States: 2010," and reported that there were 49.90 million uninsured Americans in 2010, up from 48.98 million in 2000.
A fundamental fallacy is the notion that politicians can "grow the economy" by taking money out of the private sector and spending it wherever it is politically expedient to spend it -- so long as they call spending "investment."
Q: What do Maine and the District of Columbia have in common?
In another sign of a strong recovery in America's manufacturing sector, the after-tax profits of U.S. manufacturing corporations reached a record-high $159.7 billion in the second quarter of 2011, according to data released today by the Census Bureau. Adjusted for inflation, second quarter profits this year were 9.1% ahead of the previous quarter, and 40% ahead of a year earlier. Compared to the pre-recession profit level of $124.1 billion in the fourth quarter of 2007, manufacturing profits have increased by 28.7% and $35.6 billion.
"In his September 8 lecture to Congress, President Obama promised that “every proposal I’ve laid out tonight will be paid for.” How? By raising tax rates on “the wealthiest Americans and biggest corporations.” In other words, the President is proposing a $447 billion tax increase."