The Smithsonian has news for market timers:
Americans devour 7 pounds of avocado per person each year, compared to 1 pound on average back in 1989. Per capita consumption of avocados has tripled since the early 2000s, according to the USDA. Yet nearly all of these avocados—some 95 percent in the U.S. and about 80 percent worldwide—are of a single variety: the ubiquitous Hass. That’s especially crazy because … the pebbly, black-skinned Hass didn’t even exist a century ago.
Also this, which makes me wince to consider:
…mammoths and giant ground sloths would gobble the fruit whole and then travel long distances, before pooping out the seed and thus dispersing the trees.
From the “It Sucks to Be Us” Dept.:
The recent census report shows that despite (extremely slow) increases in national GDP and employment, inflation-adjusted household income—an indicator with far more impact on the lives of most Americans—has been dropping since 2009. As the New York Times notes, median household income is now 8.1 percent below its level in 2007.
Kudus: a 2008 Obama voter Via Meadia.
My first job out of college paid an annual salary of S. (The actual amount S represents is unimportant.)
For a brief period of time, that was more money than I could imagine. (We didn’t discuss money in my family, but I have reason to believe that my dad supported us–four kids, mom, and himself–on less than that amount.) Two years later, when I moved to Bell Labs, I also “right-sized” my salary to 140% of S. Then S didn’t seem so impressive.
What’s interesting is that my 1984 salary is 70% of what I make now, 26 years later, according to the measuringworth.com web site. (Actually, they provide a bunch of estimates, ranging from 71% to 140%. I picked the lowest one.)
Now, that was in Albuquerque, which is cheaper to live in than Yucca Valley. According to the cost-of-living comparison at Sperling’s BestPlaces, a dollar there buys as much as $1.06 does here.
So my first job out of college paid effectively 75% of my current salary. And I only had one car and three less mouths to feed. But what’s really amazing is that within two years of graduation, I had run up more than 10% of my salary in credit card debt. To be sure, I do have a mortgage today, but (so far!) we’re paying our bills and living within our means.