Posts Tagged ‘US economy’

Religion contributes more to the U.S. economy than Facebook, Google and Apple combined

Friday, September 23rd, 2016

Religion is big business. Just how big? A new study, published Wednesday by a father-daughter researcher team, says religion is bigger than Facebook, Google and Apple — combined. The article in the Interdisciplinary Journal of Research on Religion said that the annual revenues of faith-based enterprises — not just churches but hospitals, schools, charities and even Read more

When capitalists cared

Friday, September 7th, 2012

In the rancorous debate over how to get the sluggish economy moving, we have forgotten the wisdom of Henry Ford. In 1914, not long after the Ford Motor Company came out with the Model T, Ford made the startling announcement that he would pay his workers the unheard-of wage of $5 a day. Not only Read more

Bye-bye, Boomers: this is the age of the baby Bust-ers

Tuesday, August 28th, 2012

One way to think about the Great Recession is like a great pause button. In normal times, millions of people get married in their mid-to-late 20s. They spend lots of money on a wedding. They buy a car, often with a loan. They buy a house, always with a loan. They buy new furniture and Read more