Word: earn
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More important than absolute prices, though, is how they relate to what people earn. To gauge housing affordability, the data shop Fiserv compares the cost of houses with household income. By that count, homes nationwide at the end of March were only 7% more expensive than they were in 2000, before the bubble. In some markets - including Phoenix, Atlanta, Las Vegas and San Jose, Calif. - they were actually cheaper. In a way that they haven't in a very long time, home prices are starting to make economic sense...
...such setting, teens establish a predictable social hierarchy, says Tom Dishion, director of research at the Child and Family Center at the University of Oregon, who was not involved with the study. The kids who have behaved worse than others - committing robbery, for instance, vs. smoking cigarettes - earn the most credibility with their peer group, which encourages further bad behavior. "That story [about robbing someone] has a function of making that kid more interesting. He or she gets a lot of attention. [These kids] become higher in the social hierarchy...
...plan is meant to help scrap dealers too. They get the old cars for free, the idea being that they can then earn money by selling the scrap metal to steel companies. But with scrap prices taking a dive, some dealers are eying the bigger profits that come from selling the cars abroad. "The problem is that there is no supervision of the companies to ensure that they actually scrap the cars," says Frank Wolff, director of the environmental-crime division of the Hamburg police. "These firms are supposed to turn the cars into scrap, but instead, some are selling...
Though it still remains somewhat of a taboo to discuss, the skin-color barrier has historically been just as daunting for people of color as the racial barrier. A 2004 study showing that light-skinned immigrants in the U.S. earn more money on average than darker-skinned immigrants confirmed what many African Americans have privately known for years: that there are benefits simply for being a minority who is fairer. Traditionally, "beauty barriers" have almost exclusively been broken by lighter-skinned blacks - from the earliest black sex symbols such as Lena Horne and Dorothy Dandridge to the first black Miss...
...popular again? Look at the way the economy is going right now. People aren't finding jobs; I don't think Americans will stand for it much longer. American is a center-right country, in general, and people live their lives conservatively - you want to keep the money you earn, you want to provide for your family. I think everything going on right now with the Obama Administration and the policies they're enacting are going to cause young people to turn to an alternative, and I think that alternative is going to be conservatism. (Read "Obama's Legislative Approach...