The United States is the world’s biggest economy and the leading exporter of wheat, corn, beef and many other commodities. It also has the most unequal wealth distribution of all major developed countries. Economic woes in the U.S. have led to one in seven Americans to rely on food assistance.
According to the LA Times, “Last month turned out to be the most expensive January ever at U.S. gasoline pumps, boosted by growing economic strength.” Watch our Price of Gas video to see the true cost of a gallon of gasoline.
What is the true cost of a gallon of gasoline? And why do prices vary from country to country? An interesting animation from the Center for Investigative Reporting.
What is the food situation in countries around the world? Click through to check out our new food statistic map, part of our Food for 9 Billion project with the PBS NewsHour, American Public Media’s Marketplace and Homelands Productions.
To get you started, here are some facts about the United States:
- The U.S. is the world’s biggest economy and leading exporter of wheat, corn, beef and many other commodities.
- It has the most unequal wealth distribution of all major developed countries.
- Economic woes have led one in seven Americans to rely on food assistance.
- Nearly 15% of U.S. households were considered food insecure in 2010, compared to 12% in 1995.
As oil jumps to over $100 a barrel, watch our animation The Price of Gas. Our feature calculates the carbon footprint and other “external costs” of gasoline use in the U.S.
The cutoff for the top 1 percent of American households, in terms of net worth, is about $9 million, according to New York University economics professor Edward Wolff. His estimate is based on the Federal Reserve Board’s Survey of Consumer Finances, which put the figure at $8.2 million in 2007, he said.
The above chart shows all members of Congress with average net worth above $9 million, from 2009.
Ana Sanchez with granddaughters Danitza Tapia, 7, and Milani Tapia, 4, in front of their mobile home at St Anthony’s Mobile Home Park in California. Because of naturally occurring arsenic in the water, she spends $20 a week or more on bottled drinking water. Read the full story On edge of paradise, Coachella workers live in grim conditions.
70 state parks in California are slated for closing …
Frank Quan’s family has lived at China Camp State Park in California, catching and selling shrimp, since the 1890s. He’s the last remaining resident of a Chinese fishing village that once thrived on San Pablo Bay. Now the state is closing China Camp State Park along with dozens of other parks because of budget cuts. What will happen to Frank?