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Life in the USA: The decline of using hard currency in transactions and crime.

When I worked in a supermarket in the late 1980's one of my tasks was to work the "money room" (the place where all the money was counted). About 80% of the transactions were in cash and the other 20% were personal checks. We didn't have the machines to accept credit cards (and debit transactions didn't exists yet). The supermarket was not an "A" store (ones that generate crazy sales) but a typical "B" store. Even for a "B" store the large amount of cash taken in a week was a real headache. An armored truck would pick up the cash and checks at least once a week.

To reduce the large amount of cash even more we'd offer to take people's payroll checks (yes back then people got physical checks every week or two) in exchange for cash (for only a $0.50 fee). So when you got your check on Friday you could walk into the supermarket and get cash for it and pay for your groceries instead of waiting for it to clear the bank. Many people took advantage of it.

With all this in place I'd still have $750,000 in cash in front of me in the money room. Retailers were a tempting target (vs banks). One time (I was at a different store) armed robbers held up the place. The news reports only mentioned an "undisclosed sum" was taken. I knew it it was probably substantial.

With so many people carrying large amounts of cash to pay for things like groceries and so many establishments having so much cash on the premises you can see how it wouldn't take much for crime to escalate. If you worked a 24 hour 7-11 store or a gas station you were a prime target.


But those days seem to have disappeared. Rarely do I hear about holdups. I think that a combination of direct deposit, people carrying debit/cards in their wallets instead of mountains of cash, and the aging of the population has caused a dramatic decrease in that type of crime. I don't see armored cars around anywhere near as much as I used to,
 
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Life in the USA: New housing median square footage. (2011 2,233 sq feet, 207 sq meters)

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Life in the USA: Gas Prices

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Bloomberg Gas Price Ranking

"...Americans have little to complain about. Imagine shelling out $9.79 a gallon, the price in Norway. Indians and Pakistanis must put in more than a full day's work, on average, to afford a single gallon. Only five countries have less pain at the pump than the US does, and four of them are members of OPEC."
 
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Life in the USA: Natural Gas Prices

Average Natural Gas Prices: US cents/kWh
Average natural gas price for households over the period 2003-20012 in US cents/kWh (GCV) based on average exchange rates for each year.
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Average Natural Gas Prices compared using Purchasing Power Parities: US cents/kWh (PPP) (Copy)
Average natural gas price for households over the period 2003-20012 in US cents/kWh (GCV) based on purchasing power parity (PPP) exchange conversions.
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Average natural gas prices compared for the US, UK, France, Germany and Japan
 
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Life in the USA: Water prices
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Water Prices Across the United States: How Does Your Bill Stack Up? – The Friedman Sprout

"So, in which cities do consumers pay the most for their water use? According to a 2013 survey by Circle of Blue, an association of scientists and journalists focused on water issues, average water bills for the 30 major U.S. cities vary quite widely. For a family of four using 50 gallons of water per person per day, the average monthly water bill in Phoenix was the lowest at just $11.55. Other low payers include Memphis ($11.79) and Salt Lake City ($16.55).

On the other end of the spectrum, a family of four using the same amount of water in Santa Fe, New Mexico could expect to pay $54.78 per month. Seattle residents paid the second highest at $51.10, perhaps the opposite of what one would expect given the city’s rainy reputation. San Diego, San Francisco, and Atlanta all had average monthly bills of over $40. Here in Boston, the average monthly bill for a family of four consuming 50 gallons of water per day is somewhere in the middle at $36.08."
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Many American take their water for granted and with water prices not unreasonable ($11.55 - $51.10 is not very extreme) we have a tendency to abuse it.

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Life in the USA: Weather ( Climate of the United States - Wikipedia, the free encyclopedia )

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"The climate of the United States varies due to large differences in latitude, and a wide range of geographic features, including mountains and deserts. West of the 100th meridian, much of the US is semi-arid to arid, even desert in the far southwestern US. East of the 100th meridian, the climate is humid continental in the northern areas (locations above 40 north latitude), to humid temperate in the central and Atlantic coast regions, to humid subtropical in the Gulf and south Atlantic regions. The southern tip of Florida is tropical. Much of the Rocky Mountains, the Sierra Nevada, and the Cascade Range are alpine. The climate along the coast of California is Mediterranean, while the upper West Coast areas in coastal Oregon and Washington are cool temperate oceanic. The state of Alaska, on the northwestern corner of the North American continent, is largely subarctic, but with a cool oceanic climate in the southeast (Alaska Panhandle), southwestern peninsula and Aleutian Islands, and a polar climate in the north. The archipelago state of Hawaii, in the middle of the Pacific Ocean, is tropical, with rainfall concentrated in the cooler season (November to March)."

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Life in the USA: the importance of a college degree (widening the gap between the "haves" and "have nots")

http://www.nytimes.com/2013/02/20/b...s.html?a=results&MID=2500&pagewanted=all&_r=0

"ATLANTA —The college degree is becoming the new high school diploma: the new minimum requirement, albeit an expensive one, for getting even the lowest-level job.
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Economists have referred to this phenomenon as “degree inflation,” and it has been steadily infiltrating America’s job market. Across industries and geographic areas, many other jobs that didn’t used to require a diploma — positions like dental hygienists, cargo agents, clerks and claims adjusters — are increasingly requiring one, according to Burning Glass, a company that analyzes job ads from more than 20,000 online sources, including major job boards and small- to midsize-employer sites."
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CARPE DIEM: Peter Thiel on Higher Education Bubble. Aptitude Tests for Employers Instead of College Degrees?

"In 1964, there were more than 2,000 personnel tests available to employers. But already an Illinois state official had ruled that a standard ability test used by Motorola was illegal because it was unfair to "disadvantaged groups."

A heavy burden of proof was placed on employers, including that of proving that any test that produced a "disparate impact" detrimental to certain minorities was a "business necessity" for various particular jobs.

Small wonder, then, that many employers, fearing endless litigation about multiple uncertainties, threw up their hands and, to avoid legal liability, threw out intelligence and aptitude tests for potential employees. Instead, they began requiring college degrees as indices of applicants' satisfactory intelligence and diligence. This is, of course, just one reason college attendance increased from 5.8 million in 1970 to 17.5 million in 2005."

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Student Loan Debt Statistics - American Student Assistance

"Nearly 20 million Americans attend college each year.

As of Quarter 1 in 2012, the average student loan balance for all age groups is $24,301. About one-quarter of borrowers owe more than $28,000; 10% of borrowers owe more than $54,000; 3% owe more than $100,000; and less than 1%, or 167,000 people, owe more than $200,000.
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Life in the USA: Geographical Isolation and tourism with our neighbors (vs seeing the rest of world)

While there are many magnificent places in the world to visit; neighboring countries do their best to make their locations as appealing as possible to keep people from flying overseas (including to Hawaii).

Lets start with the Caribbean/Bermuda (including the US territories of the US Virgin Islands and Puerto Rico).
U.S. CITIZEN TRAVEL TO INTERNATIONAL REGIONS, 2013
Area / Total YTD / % Change YTD / YTD Market Share
Caribbean / 6,545,774 / 1.7% / 10.6%
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You'd think these tiny little islands would not have much to offer..oh but you would be so wrong. They heavily target families and newlyweds as being paradise on earth. Television commercials and advertisements beckon your vacation dollars. Why travel overseas when you can have it all right next door.

So lets start from the West and move East along the map. Keep in mind these videos are a tiny slice of what you can do. Most of the videos below are for a single spot and obviously there are more than one vacation areas per island.

The Bahamas: (warning annoying buzz at 39 seconds)

Turks and Caicos

Domincan Republic
 
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Guadeloupe

Dominica

St. Lucia

....and ditto for the rest of the islands in that chain.
 
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Compare: 10 Most Popular Cruise Ships - Cruises - Cruise Critic
Compare: 10 Most Popular Cruise Ships

Carnival Breeze: Year-round Caribbean cruises out of Miami.
Norwegian Breakaway: Cruises to The Bahamas, Bermuda, Caribbean and nowhere from Manhattan
Allure of the Seas: Year-round Caribbean cruises out of Fort Lauderdale.
Oasis of the Seas: Year-round Caribbean cruises out of Fort Lauderdale.
Carnival Dream: Year-round Caribbean cruises out of Port Canaveral.
Norwegian Epic: Caribbean cruises from Miami, November - April; Med. cruises from Rome, Marseille and Barcelona, April - October.
Celebrity Reflection: Caribbean, Mediterranean and Transatlantic cruises from Miami and Rome.
Royal Princess: Caribbean, Europe and Transatlantic cruises from Barcelona, Berlin, Copenhagen, Fort Lauderdale and Venice
Disney Fantasy: Year-round Caribbean cruises from Port Canaveral.
Jewel of the Seas: Southern Caribbean cruises from San Juan.

List of the world's largest cruise ships - Wikipedia, the free encyclopedia
Allure of the Seas
Oasis of the Seas
Norwegian Epic

Freedom of the Seas: (homeport is Miami -> Caribbean)
Liberty of the Seas: (Spain)
Independence of the Seas (Caribbean and Southampton UK)
Queen Mary 2 (Southampton -> NY)
Norwegian Breakaway
Norwegian Getaway (homeport is Miami -> Caribbean)
Royal Princess (Southampton)

All 10 of the most popular cruise ships sail the Caribbean and of the 10 largest cruise ships in the world 7 of them do the Caribbean route.
 
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Top Selling vehicles in the USA in 2013,

#1) Ford F-150 (pickup truck)
#2) Chevrolet Silverado (pickup truck)
#3) Toyota Camry
#4) Honda Accord
#5) Dodge Ram 1500 (pickup truck)
#6) Honda Civic
#7) Nissan Altima
#8) Toyota Corolla
#9) Honda CR-V (SUV)
#10) Ford Escape (SUV)
#11) Ford Fusion
#12) Chevrolet Cruze
#13) Ford Focus
#14) Chevrolet Equinox LTZ (SUV)
#15) Toyota Prius
#16) Toyota RAV4 (SUV)
#17) Hyundai Sonata
#18) Chevrolet Malibu
#19) Ford Explorer (SUV)
#20) GMC Sierra (pickup truck)

hmm...no Volkswagens


Good to see high confidence in Japanese vehicles. ;)
 
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