The Erotic Engine: How Pornography has Powered Mass Communication, from Gutenberg to Google
In 2006, the US adult industry made over $13 billion in revenue.
In revenue, porn brings in more money than Microsoft, Google, Amazon, eBay, Yahoo, Apple, Netflix, and Earthlink combined.
Let’s say that last word again: combined.
Yes, online (and elsewhere) we can safely say, “porn is king”. Just like the porn industry is credited with the rise of VHS over Beta, the porn industry is also credited with pushing the technology envelope and make today’s Internet what it has become.
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How does the average American spend their paycheck?
Web Watch remembers the old adage when we were just starting out to be able to sustain ourselves on our own.
“When you make your budget, you should always devote 1/3 to housing, 1/3 to transportation, and 1/3 for everything else.”
Now, we may not have been able to follow that breakdown exactly, but it’s not necessarily that far from the truth of how AMERICANS ACTUALLY SPEND THEIR PAYCHECK. Especially if you take into account the need for saving some money for retirement or a rainy day, that ratio may be better split into quarters:
“devote 1/4 to housing, 1/4 to transportation, 1/4 put away in the bank/IRA/investments, 1/4 for everything else”
That seems to be closer to the truth. Let’s take a look at how the average 48-year-old spends their average $63,091 annual salary (before taxes):
Continue reading "How does the average American spend their paycheck?" »