Data Point – Household balance sheets best in 10 years

From Business Insider (emphasis mine, reformatted): “He points to the ratio of household liquid assets to liabilities which has increased to 2.11 in the first quarter of 2012, from 1.99 in the fourth quarter of 2011, as a positive sign. The is the highest reading since Q1 2002.  This ratio measures the health of consumers … Read more

Data Point – Obama approval rating slumps badly

From Rassmussen: At one point a little while ago, I was beginning to worry about a Republican enthusiasm gap as this metric very much was starting to trend in Obama’s favor.  As you can see, the green line show Democrat favorability for Obama (red is strongly dislike).  While recent events seem to have excited his … Read more

Data Point – how is US Manufacturing really doing?

US Manufacturing After Tax Profits“1. U.S. manufacturing corporations are on track to earn record profits in 2011, of about $600 billion based on data available from the U.S. Census through the third quarter (see chart above). That’s an increase of 22 percent from 2010, and more than four times the 4.8 percent increase in profits for all U.S. corporations in 2011. It’s also double the $300 billion of manufacturing profits in 2009 and almost 15 percent higher than the previous record of $525 billion in 2006.

 

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Data Point – Public vs Private pension contribution ratios

And the Public Sector union still haven’t a clue why taxpayers (the Private Sector) is upset at the lack of “equity” for retirement plans?  All one has to do is look at the absolute difference in the ratios.  They always yammer about “fairness”, except it seems, when the fairness tilts way to their side… (H/T: … Read more

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