The Economist uses a somewhat whimsical Big Mac Index to demonstrate differences in currencies around the world. However, when I look at the index I see a chart of (relatively) expensive and cheap labor as well.


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Just like last year the issue that is going to shape politics and society the most in the coming years is demographics.

As our population ages we face some serious choices about what we fund at the federal level and how we fund it. Japan is already experiencing what we're about to go through.
TOKYO - Japan's population fell by a record amount ( Read more... )

Next time someone tries to tell you all the rich people inherited their money have them read this:

Most Affluent Americans Earn Their Wealth--PR Newswire


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Illegal aliens make up only four percent of the population. Comically, TIME magazine claims this proves that there isn't a problem.

Demographics: facts are stubborn things.

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Mexicans fear that rising number of Americans in Mexico will ruin their way of life.
Not everyone is rolling out the welcome mat to Americans. Many Mexicans complain about the rapid growth of the American population in their neighborhoods, the threat they see to Mexican culture and language, and the possible drain on Mexico's inexpensive health ( Read more... )

This story reminds me of environmentalist attempts to tell people where and how to live.
MOSCOW (Reuters) - California will no longer exist on the Russian map ( Read more... )

Well, besides socialism, that is.

Demographics. Oh, and take note how the economy has placed wages well above where the government decides that a "minimum" should be. That's why you don't want the government setting your wages!
HELENA, Mont. (AP) - The owner of a fast food joint in Montana's booming oil patch found himself outsourcing the drive ( Read more... )

Apparently there are too few Russians out there! The Russian government has designated September 12th as "get jiggy with it day". (Okay, that's not the official name, but it sounds so much better ( Read more... )

There is no telling how many times we will have to kill this (or a similar) bill.

Politicians in Washington are once again mistaking doing "something" for doing what is right.

Write your representatives in Congress and tell them you want:

• Secure borders. That means a fence between us and Mexico. Secure borders must be the first thing ( Read more... )

There are a lot of reasons why some US companies are in the state they are now regarding retirement benefits and health care costs.
DETROIT (AP) - General Motors Corp. will try to reduce its staggering employee and retiree health care liabilities in upcoming contract talks with the United Auto Workers, according to a government regulatory filing ( Read more... )