Put differently, the only way to reduce debt is to allocate the cost to some sector of the economy, and broadly speaking these sectors are the household sector, the private sector, the state sector, and the various more specialized subsectors within these three — for example households can consist
of rich households versus the rest, the state sector can be divided among the central government and the provincial governments, the private sector can consist of SMEs, large corporations, labor - intensive industries, capital - intensive industries, the export sector, etc..
For instance, Seattle, with its enormously high percentage of bachelor - degree holding residents (56.6 percent) should theoretically have a larger portion
of rich households.
Not exact matches
Consider: a $ 2 - trillion economy; relatively
rich households that don't mind shopping on credit; rule
of law; «free» health care; and low corporate taxes.
The
richest 7 %
of American
households saw their net worth grow by 28 % to a whopping $ 3.2 million during between 2009 to 2011, according to a new study by the Pew Research Center.
Among Alberta's
richest neighbourhoods, Roxboro is in fifth place in terms
of net worth; but residents here are in second place in terms
of average annual
household salary, bringing home $ 845,038 a year, and own the second - most - expensive homes, with home prices just shy
of $ 1.4 million.
«I also found
households in the highest - income bracket that when you examined their other circumstances it would be difficult to think
of them as high income or «
rich.»»
Mostly, that's because the
richest households tend to hold most
of their wealth in financial assets, whose value increased rapidly after the downturn, while poorer folks have a much larger share
of their net - worth tied up in real estate, whose value didn't bottom out until the end
of 2011, Pew researchers note.
The ultra
rich — those bringing in more than $ 25 million a year — also saw an increase by 7.5 percent, to a height
of 156,000
households.
Maryland has the most millionaires, but what is the
richest state in the U.S. in terms
of median
household income?
Although Bill Gates, the
richest man in the U.S., resides in Washington state, California has more than its fair share
of wealthy and millionaire
households.
Despite the increase in debt,
households continued to get
richer in the third quarter as their net worth gained 2.2 per cent on the back
of a strong stock market.
The 2016 figures showed a further worsening
of Hong Kong's wealth gap, as the
richest 10 per cent
of households - with a median monthly income
of HK$ 112,450 - earned 44 times more than the poorest 10 per cent making an average
of HK$ 2,560.
The
richest 1 % now owns more than half
of all the world's
household wealth, according to analysts at Credit Suisse.
«Stock buybacks have been a prime mode
of both concentrating income among the
richest households and eroding middle - class employment opportunities,» William Lazonick, a professor at the University
of Massachusetts Lowell, recently told CNN Money.
Having a degree is, statistically, the greatest corollary to becoming a self - made millionaire as roughly 90 out
of 100
rich households in the United States are headed by someone with a four year degree or higher according to research done by the late Dr. Thomas Stanley at the University
of Georgia.
«It's worth a lot
of money to people who get a lot
of income from dividends, but that would predominantly be fairly
rich households.»
That meant that the 13,000
richest families in America had almost as much income as the 20 million poorest
households; those 13,000 families had incomes 300 times that
of average families.
Indeed, such diversity could be an asset as a demonstration not only
of the American way
of freedom
of worship but
of the
rich variety
of gifts within the
household of faith, if the churches understood each other and were working toward a common end.
Rather, a larger, hermeneutically
richer story knits together the manifold existence
of the parish
household.
This was the manner
of the slave in a
rich Roman
household as he washed the feet
of guests who entered for a meal.
With Nestlé Waters»
rich history in providing premium sparkling water to consumers with their brands Perrier ® and S. Pellegrino ®, and the current strength
of our regional spring water brands as a $ 103MM player with extremely high
household penetration, we are well positioned to bring these products to the market for consumers to enjoy.
Although we all know that a diet
rich in vegetables, naturally gluten free complex whole grains (like quinoa and brown rice), lean meats and fruits for snacking is ideal, for most
of us that's just not a long - term solution — especially for those
of us who are raising children in a gluten free
household.
The
rich nutty flavor
of this
household staple is great for us but its sticky consistency can make it tough for a young infant to swallow safely.
This finding reflects the presence
of «asset -
rich, income - poor»
households towards the bottom
of the income scale, which would be an important consideration in any reform plans.
The squeezed middle, the working poor (6.5 million in their
households today) and the jobless are afflicted by pay freezes and pay cuts, energy bill hikes, accelerated private rent increases, a swelling housing benefit budget that subsidises
rich landlords but not the tenants, waiting lists for a home swollen by the bedroom tax and only half the houses needed being built, nearly a million
of the jobless sanctioned last year and deprived
of all their unemployment benefit for 4 or 13 weeks for trivial infringements, the seriously disabled suffering big benefit cuts for not getting jobs they manifestly can't do, to name but some.
The newly opened data has already spurred news reports on how much legislators make and how
rich they are — on average, they make 3x New York's median
household income
of $ 57,000, and 27
of 212 are millionaires.
This IFS research puts the Budget's regressive impact beyond doubt: the poorest will be hit more than many
of the
richest in cash terms let alone as a percentage; poor and middle income families with children lose out more than any other
household types and the very poorest families with children lose more than any other groups — with 5 per cent
of their total income being cut.
«The poorest fifth
of households spend 3.5 %
of their disposable income on fuel duty, while the
richest spend 1.8 %.»
Under Labour, the poorest 10 per cent
of households have gained by 13 per cent, while the
richest 10 per cent have lost by almost 9 per cent.
«Given the array
of benefit cuts it is not surprising that the changes overall are regressive — taking much more from poorer
households than
richer ones.
«Given the array
of benefits, it is not surprising that the changes overall are regressive, taking much more from poorer
households than
richer ones», Mr Johnson added.
In fact, the
richest 20 %
of households at each study site caused 30 % more deforestation than the poorest 20 %.
The
richest 0.01 percent
of households brings home around 5 percent
of total
household income.
We wanted to find out if money is important in itself, or do these associations simply reflect other differences between
richer and poorer
households, such as levels
of parental education or attitudes towards parenting.
This recipe, a
household favorite, wows guests who — even after finishing a sinfully
rich slice
of pie — never suspect that the main ingredient is tofu.
Here are 21
of my favorites uses for don't have this magnesium -
rich (and inexpensive)
household staple:
A diet
rich in vegetable oils, white flour and sugar, exposure to pesticides and herbicides, consumption
of conventionally raised dairy and meat products, the high use
of plastics, as well as use
of some cosmetics, toiletries and
household cleaners, increases the cancer causing 16a OH Estrone metabolite.
In the UK, approximately half the
households in the country have at least one computer, and more and more
of those are getting online every week, as people are discovering what a
rich and varied store
of information the Internet has to offer.
Another role that made him a
household name was that
of Rich Halke in «Step by Step» (1991), which was from 1996 until the show's cancellation.
Thus, Bryant's «Corner Office» subjects succeed because
of grit, character, and persistence — but only compared to their peers who come from vocabulary -
rich households and have good (knowledge - based) educations.
In the case
of Pine Lake, the money comes from wealthier
households or private foundations, which begs questions about whether the model can work in every community and whether it can ever be independent from the exclusive desires
of the
rich.
According to analysis from the Wisconsin Budget Project, the top 1 percent
of state residents receive a larger share
of the cuts than the bottom 60 percent
of households combined.19 These tax cuts certainly helped the
rich — the wealthiest 1 percent
of Wisconsinites received an average tax cut
of $ 10,015.20 Gov. Walker has boasted that the state's tax cuts will soon total more than $ 8 billion and that as a result, Wisconsin «continue [s] to see dramatic economic growth.»
As in the best collections, the stories enhance each other, forging connections between recurrent characters and building a world where real locations like Islamabad and Lahore blend with imagined
households... Themes
of struggle and progress may be familiar, but Mueenuddin's
rich stories make them fresh and powerful, marking a debut as auspicious as any so far this year.
When country girl Nelle marries a
rich merchant, she is at first in awe
of his opulent
household — and his icy sister, Marin.
According to Oxfam, «Brazil is one
of the most unequal nations in the world, although it is one
of the wealthiest... The country's high income concentration is revealed in figures: the
richest one per cent
of the population - less than 2 million people — have 13 %
of all
household income.
Meet
Rich Gallagher - a self - proclaimed average guy who supported his
household for many years as a writer and book author, accumulating over $ 1,000,000
of sales in each.
For instance, the
richest 20 %
of Alberta
households earn an average income
of $ 291,260, whereas New Brunswick's top - tier
households pull down $ 168,278.
The
richest 20 %
of households in New Brunswick, for instance, would be middle class in Vancouver.
Suddenly over-indebted countries who tax over-indebted
households will become
rich and will start paying real returns instead
of using central banks as buyers?
According to MoneySense's most recent All - Canadian Wealth Test, the average
household in this country is 7 %
richer in real terms than in 2000, during the height
of the dot - com boom.