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economy: 30 things you probably didn't know about Social Security.
- 09/11/15 12:05 PM
America’s Social Security program is turning 80 years old this year, but some believe it’s somewhat of an auspicious anniversary, more reason for caution and nail-biting than celebration. But no matter if you love it or lump it, there is no debating that Social Security has been one of the single most significant, ambitious, and helpful government programs in the history of the world. And while the particulars of Social Security are covered ad nauseam in other financial articles and guides, we thought we’d cover 30 things you probably didn’t know about 80-year old Social Security. Happy birthday! 1. On August 14, 1935, President Franklin
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economy: 30 Incredible facts and stats about the U.S. economy.
- 06/28/14 01:42 PM
30 Incredible facts and stats about the U.S. economy. Give it away. 1. Since 2008, U.S. citizens have donated $19.1 million to our Treasury to help pay down the national debt. 2. The U.S.A and its citizens contributed $298 billion to charity in 2011, more than the GDP of all but 33 countries in the world. Industry. 3. By dividing his net worth by his age, you can calculate that Bill Gates has made more than $100,000 every hour he’s been alive! 4. If you total the annual profits of the entire U.S. airline industry going back to
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economy: A shocking look at the U.S. rental housing crisis.
- 12/29/13 12:27 PM
An unexpected casualty of the mortgage bust and recalibration has emerged – the rental market. The cost to rent a property is skyrocketing, and at the same time supply is shrinking. It’s a new problem, as prior to 2008 home ownership levels were at all-time highs, thanks to loosening lending standards and a rapidly appreciating real estate market. But since the crash more than 4 million families have lost their homes to foreclosure, pushing those former-owners into the rental market. There are now 43 million rental households in the United States, totaling about 35% of all homes, the highest level in over a decade.
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