Taxpayers have already spent $925 billion in interest payments related to post 9/11 wars. Marketwatch, September 5, 2021
Just 1.6% of college football players make it into the NFL and just 0.8% of women college basketball players make it into the WNBA. Barron’s, September 3, 2021
U.S. restaurants generate an estimated 22 to 33 billion pounds of food waste each year. Institutions — including schools, hotels, and hospitals — generate an additional 7 to 11 billion pounds per year. Approximately 4% to 10% of food purchased by restaurants is wasted before reaching the consumer. FoodPrint
Unreported income is the biggest contributor to the so-called tax gap. The Treasury estimated the gap (the difference between tax paid and tax owed) to be $584 billion in 2019. About 80% of the gap comes from “opaque income sources,” such as partnerships, proprietorships, and rental property. CNBC, May 20, 2021
According to a new survey, half of millennials (born between 1981 and 1996) believe that they will need $300,000 or less in savings to retire comfortably- a fraction of what most estimates say they will need. Acorns, August 10, 2021
The U.S. economy grew 12.2% in the second quarter of this year. If the American edge should continue for at least the next few quarters, it would be the first sustained period since at least 1990 in which the U.S. economy grew faster than China’s. The Wall Street Journal, August 15, 2021
“More and more we are into communications; and less and less into communication.” Studs Terkel
