Data Points - various sundry stats - Granite Grok

Data Points – various sundry stats

Welfare (via Heritage):

  • Over half of the US thinks we spend too much for welfare
  • Over half thinks Govt spends too much on poverty programs
  • Only 22% believe that poverty programs reduce poverty
  • 84% believe work should be mandatory to receive welfare

Jobs according to ADP:

  • Revised last month’s job advance – from 162, 000 to 88,200

Other tidbits:

  • Household average share of Federal spending: $29,691.  That is 2/3rds of their income.
  • Last year deficit spending was 7.3% of GDP.  Historically has been 2.1%
  • We are now looking at 5 years in a row of $1 trillion annual Federal deficits
  • Installing overhead “pole mounted” power lines: $194,000 / mile
  • Installing underground power lines in new developments: $571,000 / mile
  • Refitting present developments with underground power lines: $724000 / mile
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