
US Ranks 13th in Infrastructure Quality
The United States ranks 13th in quality of overall infrastructure according to the World Economic Forum.
https://www.pgpf.org/chart-archive/0215_infrastructure-ranking-by-country-world-economic-forum
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The United States ranks 13th in quality of overall infrastructure according to the World Economic Forum.
https://www.pgpf.org/chart-archive/0215_infrastructure-ranking-by-country-world-economic-forum
About 12 percent of the population lives in poverty, and nearly half of those in poverty live in deep poverty.
In its annual report on income and poverty, the U.S. Census Bureau publishes data on national economic measures such as household income, earnings, wealth, employment, and poverty.
The growing federal debt could reduce family incomes substantially.
https://www.pgpf.org/Chart-Archive/0203_federal-debt-affects-income
Yesterday, the Federal Reserve announced a decrease in the federal funds rate — the interest rate at which commercial banks lend to each other overnight.
https://www.pgpf.org/blog/2019/10/What-Does-the-Fed-Rate-Cut-Mean-for-the-Economy-and-National-Debt
Growth earlier in the year was spurred by appropriations enacted in early 2018 as well as by the Tax Cuts and Jobs Act (TCJA), though the stimulus effects of the latter are fading.
It may be counterintuitive, but government shutdowns are expensive. They are also bad for the economy.
https://www.pgpf.org/blog/2019/10/four-reasons-why-a-government-shutdown-is-harmful
The fraction of children who earn more than their parents has decreased over time.
CBO projects that interest rates will rise significantly from current levels.
https://www.pgpf.org/chart-archive/0269_interest_rates_projected_to_rise
Student debt is second only to mortgage debt.
https://www.pgpf.org/chart-archive/0221_student_debt_second_largest