Data Point

Data Point: How to “correct” the Income Inequality between the US and the rest of the world?

After all, when you consider the basis point of not just “99% vs the 1%” in the US (as the Marxist / SJWs complain, who want to use Government to “equalize” everyone and thing) but instead, judge the world against the US, we ARE the 1% of the world and the rest of the world …

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Data Point: China agrees to reduce their tariffs on American cars

President Donald Trump said on Sunday that China had agreed to “reduce and remove” tariffs on U.S. cars below the 40 percent level that Beijing is currently charging on American-made vehicles. A day after he and Chinese President Xi Jinping called a 90-day cease-fire in their trade war to allow time for negotiations, Trump said on …

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Data Point: cost of Thanksgiving dinner for 10, 1986-2018

The American Farm Bureau Federation’s 33rd annual survey of classic items found on the Thanksgiving Day dinner table indicates the average cost of this year’s feast for 10 is $48.90, or less than $5.00 per person. This is a 22-cent decrease from last year’s average of $49.12. “Since 2015, the average cost of Thanksgiving dinner …

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Data Point – Percentage of American babies born out of wedlock 1940-2017

37.8 Percent in Generation That Starts Turning 21 Next Year Was Born to Unwed Moms In the 20-year cohort of American young people who were born in the years from 1998 through 2017 — and will start turning 21 next year — 37.8 percent were born to unmarried mothers, according to data published by the Centers …

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pile-of-money

Data Point – Income Inequality?

..I mean, are Americans really no better off than they were during the late 1970s? I hear that stated quite frequently. But this chart of real income growth tells a different story. Please note that all the lines have been headed higher. Also note the 79 percent gain for the bottom 20 percent in post-transfer/tax …

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Data Point: So the next time Democrats (especially NH ones) say we need policies like Europe

Decisions have consequences. So do policies.  And while Democrats all over keep insisting that “we’re the only industrialized nation that doesn’t <insert their latest policy complaint here>”, they aren’t all that willing to talk about the consequences of their policies. Like Venezuela (but the right people haven’t done Socialism right – WE CAN DO IT! …

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Data Point – Individual Income Taxes set record

The federal government collected a record $1,521,589,000,000 in individual income taxes through the first eleven months of fiscal 2018 (October 2017 through August 2018), according to the Monthly Treasury Statement released today. Yet, the Progressive / Socialist / Democrats keep saying we have a revenue problem.  Seriously? However, the federal government also ran a deficit …

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Data Point – I hope this doesn’t continue on this slope

U.S. consumer spending extended gains into July and inflation rose to a six-year high, reflecting economic strength that should keep Federal Reserve policy makers on track to keep gradually raising interest rates. Purchases, which account for about 70 percent of the economy, rose 0.4 percent from the prior month for the second straight time, matching …

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