The Average American: 1967 and Today

Here are stats showing the material prosperity of Americans over the past 40 years. Yet they don't feel as well off as their parents. Why? One reason is we tend to compare ourselves with those who have more, not with those who have less, and those who have more nowadays have a lot more.

"Mr. and Mrs. Median's $46,326 in annual income is 32% more than their mid-'60s counterparts, even when adjusted for inflation, and 13% more than those at the median in the economic boom year of 1985. And thanks to ballooning real estate values, average household net worth has increased even faster. The typical American household has a net worth of $465,970, up 83% from 1965, 60% from 1985 and 35% from 1995.

Throw in the low inflation of the past 20 years, a deregulated airline industry that's made travel much cheaper, plus technological progress that's provided the middle class with not only better cars and televisions, but every gadget from DVD players to iPods, all at lower and lower prices, and it's obvious that Mr. and Mrs. Median are living the life of Riley compared to their parents and grandparents. "

300 mil and counting

The USA has just passed 300,000,000 people.

Check out the US population clock:

http://www.census.gov/population/www/popclockus.html

Pardon the Dust: Beijing Puts Its Games Face On

"For China, the world's most populous nation, it should be a giant coming-out party, as the 1964 Summer Olympics was for Japan and the 1988 Summer Games were for South Korea. For Beijing, the countdown to Aug. 8, 2008, has increased the already frenetic pace of transformation in this city of 15.3 million people and seemingly as many construction sites."

In China, Churches Challenge the Rules

I think we will see more and more individuals and groups like these churches who will challenge the Chinese government on legal grounds, following regulations while agitating for more rights.

"a growing number of congregations that began life as house churches -- unauthorized places of worship set up in private, often dilapidated homes -- have recently registered with the government, while continuing to spurn the rules of the official Protestant church in China. Like so many institutions in China, these churches now hover in a sort of legal netherworld."