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Economic costs of excessive alcohol consumption in the United States

Source: JournalistsResource.org

The impact to human life of alcohol consumption is well documented — in the United States an estimated 79,000 lives are lost annually due to excessive drinking. As terrible as the loss of life is, the full price that society pays is even greater — health care costs rise, property is damaged, productivity is lost, and more.

Case for banning subprime mortgages

Source: JournalistsResource.org

Between 1994 and 2006, subprime lending grew from $35 billion to $600 billion a year in the United States, amounting to 23% of all mortgage dollars lent. The ensuing subprime mortgage market crash led to severe disruptions in the global financial markets.  By the third quarter of 2007, about 25% of subprime loans were either delinquent or in foreclosure.