Data Point

Data Point – while the rest of the world may need the Paris Accord, we don’t need no stinkin’ Accord

by Skip November 14, 2017

Words are just hot air in this regard.  That’s what they all have.  We, on the other hand, have results: Just eyeballing it here but it seems we’ve reduced our CO2 emissions by more than the rest of them combined. (H/T: NewsBusters)

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Data Point – Three quarters in a row?

by Skip November 12, 2017

All leading economic forecasters said it would be impossible for President Trump’s MAGAnomic plans to generate 3% GDP growth in the first year.  President Obama said it was impossible and Trump would need a “magic wand, or something“. Well, three months after taking office (April-June), it was Quarter 2, and the U.S. GDP began growing over […]

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Data Point – 3rd quarter GDP 3.0% rise

by Skip October 27, 2017

This is on the heels of last quarter’s 3.1% rise – two quarters in a row of above 3.0% since 2014 under Obama (and that year turned in a measly 2.4% overall).  No, two points in a row does not yet make a trend but predictions were showing around 2.4-2.5% due to Harvey, Irma, and […]

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Data Point – 2017 Federal Spending and Taxes

by Skip October 22, 2017

We don’t have a revenue problem – we have a spending problem that gives us these huge annual deficits leading to a $20 Trillion national debt (reformatted, emphasis mine). Real federal spending in fiscal 2017, which ended on Sept. 30, was higher than in any year in the history of the United States other than […]

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Data Point – headed south

by Skip October 6, 2017

Mexico, which takes in more remittances than any other Latin American country by a wide margin, will likely receive $30.5 billion from the Mexican diaspora living abroad — 6.5 percent more than it did in 2016. About 95 percent of Mexico’s annual remittance haul comes from the U.S., according to Mexican bank BBVA Bancomer. Build that […]

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Data Point – Illegal Aliens cost the US $135 Billion / year

by Skip September 28, 2017

The swelling population of illegal immigrants and their kids is costing American taxpayers $135 billion a year, the highest ever, driven by free medical care, education and a huge law enforcement bill, according to the the most authoritative report on the issue yet.  And despite claims from pro-illegal immigration advocates that the aliens pay significant off-setting […]

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Data Point – 2017 Q2 final GDP result

by Skip September 28, 2017

“With just two days left until the end of the third quarter, what happened in Q2 will hardly provoke a market reaction, which is why when the BEA announced that the third and final Q2 GDP print was revised from 3.0% to 3.1%, (or specifically from 3.049% to 3.06%) it hardly inspired a move in […]

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Standing Data Point – It’s not just taxes and fines that make us poorer

by Skip September 20, 2017

Promise kept: Trump killed 2 old regs for every new 1, $645 million saved The Trump administration has fulfilled one of the president’s key campaign promises to wipe out costly Obama-era regulations, according to a new fiscal year ending report card on the effort. The American Action Forum found that the administration kept its one in, […]

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Data Point – attitudes on guns 1995 vs 2017

by Skip September 14, 2017

(H/T: The Truth About Guns)

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Data Point – And this while “Experts” are saying the economy is doing better?

by Skip September 9, 2017

Low unemployment, low interest rates, official inflation rate about nil, stock market at historical highs…and this (reformatted, emphasis mine):   78 percent of Americans with a fulltime job say they live paycheck to paycheck 71 percent of Americans say they are in debt – an increase from 68 percent last year. 56 percent of those […]

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Data Point – Private guns in the US

by Skip September 6, 2017

The number of private firearms in the United States continues to soar. According to Bureau of Alcohol, Tobacco, Firearms and Explosives, (ATF) figures just released, the number of firearms added to the private stock in 2015 was 12,945,416…The 2015 numbers bring the total number of private firearms in the United States to 388.5 million… And […]

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Data Point – Why do we have to pay more taxes than spend on the family and clothing expenses?

by Skip September 2, 2017

Reformatted, emphasis mine: Americans on average spent more on taxes in 2016 than they did on food and clothing combined, according to data released this week by the Bureau of Labor Statistics. In 2016, according to BLS, “consumer units” (which include families, financially independent individuals, and people living in a single household who share expenses) spent more […]

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Data Point – Civilian vs LEO arms

by Skip September 1, 2017

LEO -> Law Enforcement Officers.  This was amusing as well: “She found that with an estimated 270 million firearms owned by everyday Americans, civilians own 70 times more weapons than all police and military services combined.” When you see things like that, remember this from one of our Founding Fathers: Who are the militia? Are […]

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Data Point: And we were told that 2% was to be the new normal

by Skip August 20, 2017

Atlanta Fed estimates U.S. third-quarter GDP growing at 4.0 percent NEW YORK (Reuters) – The U.S. economy is on track to expand at a 4.0 percent annualized pace in the third quarter with inventory investment contributing 1.12 percentage points to growth, the Atlanta Federal Reserve’s GDP Now forecast model showed on Thursday. Last Friday, the government […]

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Data Point – A credit card tipping point?

by Skip August 8, 2017

Thankfully, TMEW and I have no credit card debt but it seems like others are making up for our lack: “Credit-card debt in the US rose in June, surpassing the peak set just before the 2008 financial crisis. Outstanding revolving credit, which includes credit-card debt, rose to $1.02 trillion in June, according to a monthly report from […]

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Data Point: Trump and the Dow

by Skip August 1, 2017

The Wall Street DOW index is not the end all / be all economic data points but it certainly is one that gets a lot of press and does show a decent idea of what investors are thinking will happen in the near future.  While much has been also said that with the Fed keeping […]

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Data Point – Concealed Carry Permits

by Skip July 23, 2017

Abstracted from Fox News: Concealed handgun permits surging, blacks, women lead growth Concealed handgun permits in the United States soared by 1.83 million since last July, New record for the fourth consecutive year Concealed handgun permit holders in the country = 16.3 million Largest rate of growth among women and African-Americans, the Crime Prevention Research Center (CPRC) said. […]

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Data Point – Comparisons with Millennial Spending

by Skip July 19, 2017

(H/T: Business Insider)

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Data Point – US economic freedom keeps dropping

by Skip July 13, 2017

When opportunities to advance are hindered, people are less free. Recent troubling survey data, as well as the econometric data of the Heritage Foundation’s Index of Economic Freedom, support the notion that opportunities and economic freedom are declining in the U.S. A Gallup poll in 2006 found that 91 percent of Americans were satisfied with the […]

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Data Point – National GDPs

by Skip July 8, 2017

…and a characterization of Trump’s friends that aim to make our’s larger: (H/T: Conservative Treehouse)

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Data Point – Isn’t this the point of “when is enough, enough?” Yikes???

by Skip July 6, 2017

The Institute of International Finance (IIF) Global Debt Monitor 2017 report shows that growth in global debt has slowed over the past several years, particularly in mature economies. However, Emerging Market economies borrowing more heavily, global debt has set a new record high of USD217 trillion (over 327% of GDP) in early 2017. The IIF report […]

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Data Point – Private America is rather rich but….

by Skip June 12, 2017

Americans’ Net Worth Hits $94.8 Trillion, Up 1.4% in First Quarter of 2017 In the first quarter of 2017, Americans’ net worth hit $94.8 trillion, which was up 1.4 percent, the Associated Press reported. According to the Federal Reserve, stock and mutual fund portfolios increased by $1.3 trillion in value and home values were up $499 […]

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Data Point – I coulda told you that!

by Skip May 27, 2017

Gallup interviewed 1,011 U.S. residents aged 18 or older on May 3-7 and asked them two questions about the moral state of the nation. The first question: “How would you rate the overall state of moral values in this country today—as excellent, good, only fair, or poor.” Most think it’s pretty crappy.  Gosh, I wonder […]

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Data Point – the mainstream media IS the opposition

by Skip May 19, 2017

And their own coverage belie their words: Academics at the Shorenstein Center on Media, Politics and Public Policy [Harvard University] analyzed coverage from Trump’s first 100 days in office across 10 major TV and print outlets. They found that the tone of some outlets was negative in as many as 98% of reports, significantly more hostile […]

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Data Point – If you had only invested in Amazon…

by Skip May 15, 2017

“One thousand dollars invested at the closing price on Amazon’s IPO day would be worth over $491,000 on Monday, based on the stock’s price in early trading.” (H/T: Business Insider)

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Data Point: a Rape Culture on Campuses?

by Skip May 14, 2017

89% of colleges reported zero campus rapes in 2015. If it really is the “1 in 5” statistic quoted by overwrought power hungry feminists (who keep redefining out common language to get the results they want), how could that data point be true?  Frankly, if the “1 in 5” was really true, every father in […]

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Data Point – Job Market looking better for job seekers

by Skip May 12, 2017

Just 1.25 unemployed workers per job opening — lowest since Jan 2001. #JOLTS pic.twitter.com/KB7C5CW5Rf — Jed Kolko (@JedKolko) May 9, 2017 (H/T: Washington Examiner)

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Data Point – Job openings

by Skip May 11, 2017

(H/T: Business Insider)

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Data Point – Gun Gap

by Skip May 10, 2017

“But there was a time when gun owners weren’t so overwhelmingly Republican. In 1976, 50 percent of Republicans, 48 percent of independents, and 45 percent of Democrats owned a gun. That changed in the 1980s and 1990s. By 2000, 30 percent of independents and only 27 percent of Democrats reported having a gun in the home. […]

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