nsacpi
Expects Yuge Games
it never hurts to look at da numbahs
Economics Thread
- Thread starter sturg33
- Start date
it never hurts to look at da numbahs
57Brave
Well-known member
Republicans represent the smaller, fading segment, with less-educated, more-homogenous work forces reliant on traditional manufacturing, agriculture and resource extraction. Democrats represent the larger, growing one, fueled by finance, professional services and digital innovation in diverse urban areas.
https://www.dailykos.com/stories/20...es-of-the-future-while-many-GOP-districts-lag
sturg33
I
Looks like:
Clinton averaged 18.3%
Bush averaged 18.9%
Obama averaged 21.8%
So far Trump has averaged 20.52
As I said, we used to be able to comfortably remain below 20% but that has changed and doesn't appear to be slowing down anyway.
nsacpi
Expects Yuge Games
Average outlays 1969-2018 are 20.3%. That's where we came in FY 2018. Right at the average for the past 40 years. In spite of having a significantly higher proportion of the population over 65, which works to increase federal government outlays on medical care and social security.
Meanwhile revenues are below their average of 17.4% for the 1969-2018 period.
Meanwhile revenues are below their average of 17.4% for the 1969-2018 period.
sturg33
I
Where you pulling numbers? I'm seeing different numbers in many sources (not saying you're wrong just want to get on same page)
nsacpi
Expects Yuge Games
Where you pulling numbers? I'm seeing different numbers in many sources (not saying you're wrong just want to get on same page)
the graph on page 2 of the CBO document...it has two dotted lines that represent the averages for outlays and revenues over the past 40 years...fiscal years 1969 to 2018
Last edited:
nsacpi
Expects Yuge Games
Another graph to consider: the percentage of population 65 and over, which is a big driver of federal spending
https://fred.stlouisfed.org/series/SPPOP65UPTOZSUSA
https://fred.stlouisfed.org/series/SPPOP65UPTOZSUSA
Last edited:
sturg33
I
Agreed. which is why something has to be done about medicare and social security
Jaw
It's OVER 5,000!
Jaw
It's OVER 5,000!
smoltzie29
High School Draftee
He's a great guy
nsacpi
Expects Yuge Games
de gustibus non disputandum est
57Brave
Well-known member
Nine out of every 10 Silicon Valley jobs pays less now than when Netflix first launched in 1997, despite one of the nation’s strongest economic booms and a historically low unemployment rate that outpaces the national average.
https://www.mercurynews.com/2018/11...ed-for-all-except-highest-paying-jobs-report/
https://www.mercurynews.com/2018/11...ed-for-all-except-highest-paying-jobs-report/
57Brave
Well-known member
https://www.readingeagle.com/money/...VOREvQeH35ZTKECT6XaJFuXJ2WU1-OW7CssL8zVD2KNMc
General Motors will lay off 14,700 factory and white-collar workers in North America and put five plants up for possible closure as it restructures to cut costs and focus more on autonomous and electric vehicles.
General Motors will lay off 14,700 factory and white-collar workers in North America and put five plants up for possible closure as it restructures to cut costs and focus more on autonomous and electric vehicles.
57Brave
Well-known member
Telling you don't understand he economic implications of GM slashing 15% of their workforce
after spending the better part of last December touting the promise of tax cuts and a booming Trump economy.
Funny thing about Rosy Colored Glasses.
Not to mention, this is GM
after spending the better part of last December touting the promise of tax cuts and a booming Trump economy.
Funny thing about Rosy Colored Glasses.
Not to mention, this is GM
Last edited:
acesfull86
Well-known member
Trump’s aluminum/steel tariffs cost GM a billion dollars.
I think ultimately a lack of demand is driving the cuts, but a $1B increase in costs is certainly going to accelerate cuts.
I think ultimately a lack of demand is driving the cuts, but a $1B increase in costs is certainly going to accelerate cuts.
smoltzie29
High School Draftee
The Bernie approved tariffs are a disaster. Will only be successful if China reduces or removes their own tariffs
nsacpi
Expects Yuge Games
Both Bernie and Trump are crackpots. To coin a phrase.