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Fertility Rates Keep Dropping, And It's Going To Hit The Economy Hard

Fertility Rates Keep Dropping, And It's Going To Hit The Economy Hard

Total fertility rates, which can be defined as the average number of children born to a woman who survives her reproductive years (aged 15-49), have decreased globally by about half since 1960. This has drastically shaped today’s global economy, but as Visual Capitalist's Caitlin Cheadle explains, a continued decline could have much more severe long-term consequences.

If the world has too many elderly dependents and not enough workers, the burden on economic growth will be difficult to overcome.

Fertility Rates Start to Decline

$495K To Study Medieval Smells - Senator Releases 100 Examples Of Extreme Government Waste

$495K To Study Medieval Smells - Senator Releases 100 Examples Of Extreme Government Waste

A junior republican U.S. Senator from the state of Oklahoma, James Lankford, has released a publication detailing 100 examples of government waste entitled "Federal Fumbles - 100 Ways the Government Dropped the Ball."  The publication is filled with truly infuriating examples of government waste that are sure to get your blood boiling. 

Here are a couple of our favorites:

 

CalPERS Weighs Pros/Cons Of Setting Reasonable Return Targets Vs. Maintaining Ponzi Scheme

CalPERS Weighs Pros/Cons Of Setting Reasonable Return Targets Vs. Maintaining Ponzi Scheme

In just a couple of months, the largest pension fund in the United States, the California Public Employees' Retirement System (CalPERS), will have to decide whether they'll rely on sound financial judgement and math to set their rate of return expectations going forward or whether they'll cave to political pressure to maintain artificially high return hurdles that they'll never meet but help to maintain their ponzi scheme a little longer.  The decision faced by CALPERS is whether their long-term assumed rate of return on assets should be lowered from the cu

Trump Picks Vocal Obamacare Critic Tom Price As HHS Secretary

Trump Picks Vocal Obamacare Critic Tom Price As HHS Secretary

In a choice that confirms Trump's intentions to dismantle Obamacare, Reuters reports that President-elect Donald Trump will shortly announce he has chosen vociferous Obamacare critic Tom Price (R. Ga), an orthopedic surgeon from Georgia, as his Health and Human Services secretary to help him overhaul the U.S. healthcare system.

Chairman of the House Budget Committee Tom Price

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