Good News (Not a Trick, There Really Is Some Out There)

It seems bad news abounds these days. Skyrocketing health care costs. Escalating deficits. Reality television is still here. But it’s not all bad. The Colts are 12-0. The economy is due to pick up (any day now…). And hey, there’s at least a 65% chance you’re not one of Tiger Woods’ mistresses.

Even better, the National Center for Policy Analysis has summarized a post from The American illustrating there’s still hope for the old U.S. of A. Check it out:

According to a recent report from the Centers for Disease Control:

  • Life expectancy for Americans reached an all-time high of nearly 78 years (77.9) in 2007 (most recent data available), the age-adjusted death rate dropped to a new all-time low, and life expectancy for black males reached a new record of 70 years.
  • Compared to the life expectancy in 1929 of only 57.1 years, the average American today can expect to live almost 21 years longer.

According to the United States Department of Agriculture:

  • Food expenditures by families and individuals (both at home and at restaurants) as a share of disposable personal income reached an all-time record low of 9.6 percent in 2008.
  • Spending on food as a share of income was twice that high in the 1950s (average of 19.3 percent), and almost three times as high in the early 1930s.

According to data from the Energy Information Administration:

  • The energy consumption required (measured in thousands of British thermal units) to produce a real dollar of output (Gross Domestic Product) fell to an all-time record low of 8.52 in 2008.
  • Compared to 1970 when it took 18 Btus to produce a real dollar of GDP, today’s economy is more than twice as energy-efficient.

Stake Me: Is Student’s “Crazy” Tuition Idea that Crazy?

Would this idea work? We’re not sure.

But if Mike Seaver can become a televangelist, we figure anything is possible.

At any rate, you have to give a California college student credit for trying. Instead of the traditional loan route, he wanted to sell 2% of his future earnings to an investor in order to pay his college expenses. His effort was halted by eBay’s powers that be, but two education experts say the concept has merit.

What do you think? Could this work or is it a worse idea than when Mike, Eddie and Boner tried to set Mr. Dewitt’s car on fire?