OECD study: US ‘high on prisons, low on pensions’

The Organization for Economic Cooperation and Development (OECD) has released a report stating that the United States has the highest percentage of incarcerated citizens in the developed world and ranks ninth from the bottom in social spending. The report was included in what Business Insider calls a “massive pack of data” from the OECD discussing current social and economic conditions among the world’s developed nations.

The United States imprisons 760 of every 100,000 citizens, according to the study.  The only nation that comes anywhere close is South Africa, with a prison population of 329 prisoners per 100,000.  The OECD average is 140.

Of the 34 nations included in the survey, the US ranks ninth from the lowest on social spending, above Australia, but below Ireland.  France comes in at the top, followed by Sweden and Austria.

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I wear many hats but history, economics and political observance have always been a passion. I am a graduate of the University of Cincinnati College of Business with a degree in Information Systems and Digital Business with a minor in European History. I work for a small mom-and-pop IT consulting and software design company. We deal in servicing mostly government funded non-profit mental and behavioral health care agencies in the state of Ohio. In this I deal with Medicaid and Medicare funds and have a little insight on the boondoggles of government there. Thankfully the undemanding nature of my daily profession gives me ample time to read and stay aware of our current state of affairs which I find stranger than fiction in many instances. In addition to being in the IT field, I have also been self employed with a small contracting company so I might know a thing or two about the plight of small business that employs 71% of the American workforce. I however don't draw my knowledge from my day jobs, which I have had a few; I draw it from an intense obsession with facts and observation about the world in which I live. I do have formal education in things such as history, economics and finance particularly as it pertains to global issues, but I have come to find much of what I thought I knew from the formalities of a state university I had to unlearn through much time and independent research. I hope you enjoy what I bring you which is not often heard in the mainstream news outlets. I would like to think my own personal editorializing is not only edifying but thought provoking while not at all obnoxious. That last one may be a hard to achieve.

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