Word: reports
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...economist behind this year's report is used to hearing people marvel at how much kids cost. "I tell them children also have many benefits," he says, "so you have to keep that in mind." There are, for instance, all the things parents probably don't do as often when the kids are grown. Will we still make bonfires on the beach, collect driftwood and fairy glass, make s'mores even though no one really likes them, since marshmallows surpass superglue for stickiness? Will we still carve jack-o'-lanterns, color Easter eggs - or will holidays feel like formalities...
BabyCenter.com offers a calculator to help determine the cost of raising a child; I wonder how great a deterrent this represents. It uses figures from an annual report from the U.S. Department of Agriculture, which I suppose would be the expert in growing corn - or kids. This year's report says a typical family will spend about $221,000 raising a child through age 17; that's 21% more than families spent the year I was born. Food and clothing are cheaper now, but housing and health care cost more. Turns out parents get a bulk discount: people with only...
...made Facebook and YouTube tremendously popular. But unlike these bigger sites, Huh's company has been in the black since its first quarter. Pet Holdings managed to haul in seven figures from advertising, licensing fees and merchandise sales during the first six months of this year, according to a report given to Huh's investors. His advertising model is low rent; 30% of ads go for premium prices of up to $8 per 1,000 page views. The rest can sell for as little as 15¢ - but legions of devoted followers pull in the necessary volume. In July...
...party rivals.) While he wouldn't be the first to experience a conversion on the road to Des Moines, there are simpler ways of understanding the new godly Gingrich. American Catholicism has been losing members at a remarkable rate; an April 2009 Pew Forum on Religion and Public Life report found that for every person who joins the Catholic Church, four others leave. But a steady stream of high-profile political conservatives have bucked this trend by converting in the past decade, including columnist Robert Novak, Kansas Senator Sam Brownback and CNBC host Larry Kudlow. Unlike Evangelicals, for whom conversion...
...week ago, President Obama touted a newly published report from the Bureau of Labor Statistics (BLS) that showed the country had lost 247,000 jobs in July. It seemed an odd thing to boast about, but you have to consider the context. The economy was losing jobs at three times that clip when Obama took office in January. So it is possible that we are emerging from the most frightening economic downturn since the Depression. We won't be the same country when...