Thursday, January 20, 2011

Not so bad.

Americans are quite over dramatic. We have one of the highest standards of living in the history of the world then act like it is the end of the world when a little recession comes around. Sure, things might have been better than today for ten or fifteen years in our history but that still leaves us on top of the world.

Anyways, it always makes it happy to see articles like this:

Life expectancy for a baby born today is 78.3 years, a number that has consistently gone up, regardless of economic downturns... Median household net worth today is about $104,000, 3.3 times what it was in 1970, after adjusting for inflation. And it's about $17,000 higher than in the early 2000s... In 1970, each resident of a home occupied 478 square feet, on average. Today, each person occupies 996 square feet...The rate of motor-vehicle fatalities is one-fourth what it was in 1970, a huge, if unheralded, success story... The percentage of adults over age 25 with a college degree has gone from 10.7 percent in 1970 to 29.5 percent today. And the percentage with a high school diploma or equivalent has risen from 52.3 percent to 86.7 percent over the same time period.

1 comment:

Cletis L. Stump said...

Twain said, "There are three kinds of lies: lies, damned lies, and statistics."

This statement dramatically validates Twain's view.

"Median household net worth today is about $104,000, 3.3 times what it was in 1970, after adjusting for inflation. And it's about $17,000 higher than in the early 2000s..."