GDP

Backward is the New Forward

January 30, 2013

Not all that long ago I pointed out that “Forward” is the new backward.  As we progressed into 2013, everyone inherited a tax increase courtesy of the forward progress of the Obama Administration as it kept its promise not to rasie taxes on the “middle class.  Well it has only been two weeks since then [ Read more ]

Read the full article →

Spending as A Percetage of GDP 1950 – 2010

January 22, 2013

A new study from the St. Louis Fed has provided us with this nifty graph. The Graph below shows spending by major categories as a percentage of GDP.  Some may find this surprising. There are more charts at the link, also here at Hot Air.  Take particular note of the graphs on revenue and spending relative [ Read more ]

Read the full article →

Data Point – Fed spending / income

November 25, 2012

(H/T: The Blaze)

Read the full article →

Data Point – 2012 Q3 GDP

October 26, 2012

The Bureau of Economic Analysis reported today that Q3 GDP ticked upward to 2.0 percent, after clocking in at 1.3 percent in Q2. But that headline number gives only limited amount of information. Here’s a more detailed breakdown from today’s BEA report. It could have been worse: Personal consumption improved to 2.0 percent in the [ Read more ]

Read the full article →

Yes, More US Energy Use Equals More Output

February 10, 2011

This is not a theorem, or a rule, it is more of a guideline. That US Energy consumption produces equals output. I made this case back in 2008 when wackadoodles like Jeanne Shaheen, Paul Hodes and Carol Shea-Porter (among others milking the teats of the earth-mother for green votes) complained about how America used 25% of the worlds energy–or something close to it, and we were evil for using all that energy. The narrative was that we were domestic abuses of a child named “resources.”

Read the full article →

Notice in accordance with Title 17 U.S.C., Section 107, some material on this web site is provided without permission from the copyright owner, only for purposes of criticism, comment, news reporting, teaching, scholarship and research under the "Fair Use" provisions of Federal copyright laws. These materials may not be distributed further, except for "Fair Use" non-profit educational purposes, without permission of the copyright owner.