Articles tagged as

Data Point

SNAP - Food Stamps

Data Point – 5.8 million off the Government SNAP welfare program

The best form of welfare is a job (reformatted, emphasis mine): Over 5.8 million individuals have discontinued their participation in America’s food stamp program since President Donald Trump’s first full month in office, according to the latest U.S. Department of Agriculture (USDA) data. The most recent USDA data shows that 5,829,890 people discontinued their participation in food … Read more

Data Point – Europe is a lot poorer than most of US States

Most of Europe Is a Lot Poorer than Most of the United States: “Most European countries (including Germany, Sweden, Denmark and Belgium) if they joined the US, would rank among the poorest one-third of US states on a per-capita GDP basis, and the UK, France, Japan and New Zealand would all rank among America’s very … Read more

Economy

Data Point – Hispanics making economic gains

Emphasis mine: For the fourth consecutive year, Hispanics increased their rate of home ownership, reaching a rate of 47.1%. In 2018, Latinos added 362,000 homeowners which is the highest number of owner households added for Latinos since 2005. In 2017, Hispanics saw the third consecutive year of income growth and the highest of any demographic. … Read more

Data Point – Tax Freedom Day

That’s according to the Tax Foundation’s annual “Tax Freedom Day” report for 2019. In total, the report estimates, Americans will work for 105 days of the year to pay their collective $5.42 trillion tax bill—a figure equal to about 29% of Americans’ incomes. On a per-worker basis, that $5.42 trillion works out to an average tax bill of $34,578, … Read more

Data Point – NH is #5 in Salary After Taxes.

At $67,625 per year (after taxes) for an average salary, that’s not too shabby. The problem is that when Democrats see this, they immediately say “WE are a rich State; we should spend it”. And there the fallacy lies – they immediately see only the collective, as if all that wealth belongs to said collective, State … Read more

Data Point – So much for Obama’s “we can’t drill our way out of this”: US now largest oil producer

“U.S. crude oil production hit 12 million barrels per day in mid-February, according to the Energy Information Administration’s (EIA) latest report. EIA’s weekly petroleum report, for the week ending Feb. 15, showed crude output jump more than 1.7 million barrels per day compared to the same time in 2018 — from roughly 10.3 million barrels per day … Read more

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 hates it and thinks, like American SJWs, that we “stole” all that wealth. So, how to “level” that field?

As has been said before “make us all serfs again”.  DC Whispers has an interesting take on this (emphasis mine, reformatted slightly); I add the Progressive doxology “from whom all blessings flow?”:

…The “Before Obama” and “After Obama” figures make clear how the millennials were targeted for what has to rank as one of the most damaging bait and switch frauds in human history. Feed them easy money for college courses that have no application in the real world, give them a near-worthless piece of paper at the end, and charge them tens or even hundreds of thousands of dollars for being victims of the scam.

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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 … Read more

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 … Read more

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 … Read more

pile-of-money

Data Point – Forbes richest 400 Americans

Forbes runs an annual report on the “Forbes 400” – the richest people in the world.  The summary: Jeff Bezos of Amazon fame (and Blue Origin, his spaceship company) is the richest person in the world by far. Net worth of $160+ Billion He is also the first person ever to be worth over $100 … Read more

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! Just ask Molly Kelly, the financial advisor genius). And, pretty much, most of Europe.  So, why do the Dems want us to be more like them when our standard of living (mostly) is far better than theirs?

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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 … Read more

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 … Read more

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