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March 5, 2008

The good economic news

Economist Jeff Thredgold lists dozens of reasons to be happy about today's economy and society. Here are the first few. Read the whole list here.

-- U.S. exports to the world of goods and services are at record levels

-- A year-end 2007 Gallup Poll noted that “more than 8 in 10 Americans say they are satisfied with their personal lives at this time, including a solid majority who say they are ‘very satisfied.’”

-- During the early 1960s, the five-year survival rate from cancer for Americans was one in three. Today it is two in three…continuing to climb…and the highest in the world

-- For every dollar of U.S. economic output generated today, we burn less than half as much oil as 30 years ago

-- Today’s moms and dads, whether working or at home, are spending four to six hours more per week with their kids than did the previous generation

-- Alcohol-related traffic fatalities in the most recently reported year dropped by more than half versus 20 years ago

Posted by Jay Hancock at 2:12 PM | | Comments (0)
        

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About Jay Hancock
Jay Hancock has been a financial columnist for The Baltimore Sun since 2001. He has also been The Baltimore Sun's diplomatic correspondent in Washington and its chief economics writer. Before moving to Baltimore in 1994 he worked for The Virginian-Pilot of Norfolk and The Daily Press of Newport News.

His columns appear Tuesdays and Sundays.
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