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Stories about ‘The Consumerist’

By Stephen Pederson

The Top 25 Tax Paying Corporations in the USA There are a lot of comments about these days about corporations and tax rates.  Many people believe that corporations do not pay enough taxes or their…

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By Stephen Pederson

Unemployment in the USA: California the Worst State for the Working Man In March 2013, the unemployment rate by state was released by the Bureau of Labor Statistics (BLS).  It is not a pretty picture.  The average rate of unemployment is 7.7% for the country.   But the worst state of…

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By Stephen Pederson

So Who Owns Your Debt and How Much did They Pay for it? In January of 2013, the Federal Trade Commission (FTC) issued a report on the Debt Buying Industry.  If you do not know this already, companies will sell the debts owed to them to other companies.  Often, this…

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By Stephen Pederson

What they Don’t Teach You in Economics 101 Everyday, most of us trudge off to work to earn our daily bread and don’t give it a second thought.   As an adult in a market economy, the working world provides us with the essentials and not so essential goods to make our life better.  For…

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By Stephen Pederson

Multiple Studies Show that People Quit Their Jobs for the Same Reasons It has been estimated that the actual cost of employee turnover is 150% of their annual wage (250% for senior personnel). If the average cost of an employee is $50,000 per year,…

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By Stephen Pederson

Putting the Government Debt in Perspective

A picture of a wooden nickel.

What the Dollar is Worth?

Have you ever wondered what a trillions dollars really looks like?  I mean, what does it mean in normal human terms?  A trillion dollars is so much money how does an average citizen even compute what a trillion dollars is?

Well, since the US government is now in debt at $17.4 trillion dollars we thought it was relevant to all America people because we will be paying for it for generations to come.

The people at www.Heritage.org have put together a little video to put things in perspective.  Warning: this is mind-boggling.

 

 

Watch the video here:

 

video courtesy of www.Heritage.org

picture courtesy of www.morguefile.com 

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By Stephen Pederson

If You Were Told That The Rich Were Not Paying Their fair Share of Taxes, You Were not Told the full Story   Who is carrying the tax…

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By Stephen Pederson

Think You Understand the World Around You?  Facts About Death That Make You Question Your Reality Most adults get to a point in their lives where they may not feel like they are masters of their universe, but they do feel like they understand the world around them.  And then something comes…

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