Brian Gongol
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The personal savings rate is paltry and has been that way for decades. The Federal debt is almost equal to our annual entire economic output (that's GDP). And, unlike the kind of debt a reasonable household might undertake (like mortgage debt, which finances a long-term capital outlay), the Federal government is going broke spending money on operating expenses like Medicare. The Federal government is borrowing with no regard for the future, and households are putting away next to nothing. This means we're going to have to worry about selling off our assets soon, unless we can find some way to become profoundly more productive. The situation only gets worse as the Federal budget deficit (the cumulative totals of which create the debt) reaches a record high of $176 billion in a single month. Over the course of a year, that would build a deficit of more than $2.1 trillion -- all of which adds to the total debt.
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Microsoft's search engine is contracting with Wolfram Alpha to deliver search-engine results that answer questions directly -- rather than directing people to a list of potential sources. When a user asks Wolfram "Where was Ronald Reagan born?, the site delivers a specific answer. Google is starting to deliver answer-based results to questions, but that's not its stock in trade.
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Clever enough to merit a look
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It took almost 40 years after its invention for the microwave to reach widespread adoption. It's one of many scary thoughts.
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