tagged w/ Projections
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Multimedia Artists DrZ and Hebermehl took there art to the streets of Savannah, GA and Miami, FL.
Projected on various dates and locations at; Savannah Film Festival 2009, Geekend Conference 2009, Telfair Art Fair 2009, iLL Pasticcio, Art Basel 2009 and David Ellis BBQ Mural. -Artwork by Matt Hebermehl, Animation by James Zdaniewski. ©2009 Dr Z Hebermehl
http://vimeo.com/8145821Multimedia Artists DrZ and Hebermehl took there art to the streets of Savannah, GA and... more
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Today is November 4th "Election Day" here in the United States, people is eager to have an idea of how well is doing their candidate in the race for the White House.Today is November 4th "Election Day" here in the United States, people is... more
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White people will no longer make up a majority of Americans by 2042, according to new government projections. That's eight years sooner than previous estimates, made in 2004.
The nation has been growing more diverse for decades, but the process has sped up through immigration and higher birth rates among minority residents, especially Hispanics.
The U.S. has nearly 305 million people today. The population is projected to hit 400 million in 2039 and 439 million in 2050.
White non-Hispanics make up about two-thirds of the population, but only 55 percent of those younger than 5.
By 2050, whites will make up 46 percent of the population and blacks will make up 15 percent, a relatively small increase from today. Hispanics, who make up about 15 percent of the population today, will account for 30 percent in 2050, according to the new projections.
Asians, which make up about 5 percent of the population, are projected to increase to 9 percent by 2050.
The population 85 and older is projected to more than triple by 2050, to 19 million.
White people will no longer make up a majority of Americans by 2042, according to new... more
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The government's budget deficit will surge past a half-trillion dollars next year, according to gloomy new estimates, a record flood of red ink that promises to force the winner of the presidential race to dramatically alter his economic agenda.
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The deficit will hit $482 billion in the 2009 budget year that will be inherited by Democrat Barack Obama or Republican John McCain, the White House estimated Monday. That figure is sure to rise after adding the tens of billions of dollars in additional Iraq war funding it doesn't include, and the total could be higher yet if the economy fails to recover as the administration predicts.
The result: the biggest deficit ever in terms of dollars, though several were higher in the 1980s and early 1990s as a percentage of the overall economy.
Neither campaign is backing off campaign promises — McCain to cut taxes and Obama to expand health and education programs — in light of the bleaker new figures. But Democrats controlling Congress suggest that will have to change once President Bush's successor takes office.
"Whoever becomes the next president will have a very, very sobering first week in office," said Senate Budget Committee Chairman Kent Conrad, D-N.D.
McCain promises to renew the full roster of Bush tax cuts enacted in 2001 and 2003 and add many more for businesses and upper income people who pay the alternative minimum tax. The Bush tax cuts expire at the end of 2010 and renewing them would soon cost well over $200 billion a year. Eliminating the alternative minimum at the same time would cost almost as much.
Obama would repeal tax cuts on wealthier taxpayers and investors but would leave most of the Bush tax cuts in place while seeking additional cuts for senior citizens, the middle class and the working poor. And he also wants lots of new spending for health care, education and many other federal programs.
"There's a total disconnect between today's report and what we're hearing on the campaign trail," said Robert Bixby of the Concord Coalition budget watchdog group.
The deficit situation confronting the next president is reminiscent of that which Bill Clinton faced in 1993. Under Wall Street pressure, Clinton abandoned promises of tax cuts and pushed a tax-heavy deficit reduction plan through a Democratic Congress.
The administration said the deficit was being driven to an all-time high by the sagging economy and the stimulus payments being made to 130 million households in an effort to keep the country from falling into a deep recession. But the numbers could go even higher if the economy performs worse than the White House predicts.The government's budget deficit will surge past a half-trillion dollars next... more
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kushan
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3 years ago
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