Data Point – Top 10 Countries by GDP (1960-2021)
A very interesting bar chart showing how dynamic the top countries keep changing positions – except for one:
Menu
Menu
GDP
Data Point – Country GDP by size presentation
Interesting presentation – the world’s GDP by the relative financial sizes of nations projected onto a world presentation. I can’t remember seeing this format before.
The Granite State Could Use an Economic Boost
As we head into the season of football games and pumpkin spice lattes, a recent poll by the University of New Hampshire Survey Center found that Granite Staters are not feeling that fall cheer, at least when it comes to the economy.
Debt, Deficit and Disease
A dispute is brewing about debt, deficit, and disease. Government spending has inflicted a multi-trillion dollar deficit in America. Recent reports are projecting the single year federal budget deficit will swell to nearly $4 trillion.
NPR Sells the Theory That Cheap Oil is Bad for GDP and America’s Economy (Hint: it’s Not!)
Did you hear? Cheap oil may now be bad for the economy. That’s the question “explored” in a piece at NPR titled, “Oil Prices Hit A New Low. Here’s Why That Might Be A Bad Thing.” Did you notice the application of “might?” Well, it might, but it might not with an emphasis on not. Related: …
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! …
Data Point – 2nd Quarter GDP revised upwards
Economists expect growth to slow to a still solid 3 percent annual rate the rest of the year, resulting in full-year growth of 3 percent for 2018. It would be the best performance since 2005, two years before the Great Recession began. The 4.2 percent annual growth that the government estimated for last quarter is the …
Taxes vs Personal Spending: shouldn’t this be flipped?
Is it moral to be paying more to Government than spending on your family? Reformatted, emphasis mine: America spends more on taxes than on food, clothing, and housing combined. A LOT more. Housing: $2.3 trillion Clothing: $0.4 trillion Food: $1.7 trillion TOTAL: $4.4 trillion Federal Taxes: $3.4 trillion State and Local Taxes: $1.8 trillion TOTAL: $5.2 …
Taxes vs Personal Spending: shouldn’t this be flipped? Read More »
Data Point Last Quarter’s GDP number: 4.1% in context
Steve actually broke the news here but narrative and numbers are great, I just prefer charts. For me, they give more context and a data element without context is useless. You want to see trends:
Trump Keeps ‘Winning’
It looks like the economy has managed to push aside the smothering pillow of Obamanomics. The Commerce Department reported Friday that the economy grew at a pace of 4.1 percent in the second quarter, propelled by consumer spending in another win for Mr. Trump’s policies of lower taxes and fewer regulations. The growth was the fastest since 2014, following …
