Tag Archives: debt

Economic Indicators – Simplified


(Copied from an email.  I don’t know who wrote it but I randomly verified a few numbers.)

The state of America’s economy today will impact the prosperity of future generations tomorrow. We created this data card because we want every American to have a simple and easy way to track and discuss the key economic indicators that show the true state of our nation’s economy. The items featured in this card affect every American personally, whether we know it or not.

Join Allen West in standing up for the next generation by printing this data card and using it to start a conversation with your friends about America’s economy. The card will be updated monthly so you will have access to the most recent data.

SOURCES
  1. http://www.bls.gov (monthly)
  2. http://www.bls.gov (monthly)
  3. http://data.bls.gov/timeseries/LNS11300000 (monthly)
  4. http://www.eia.gov/petroleum/gasdiesel/ (weekly)
  5. http://www.usdebtclock.org/ (real time)
  6. http://www.usdebtclock.org/ (real time)
  7. http://www.census.gov/ (annual)
  8. http://www.realtor.org/research-and-statistics (monthly)
    http://ycharts.com/indicators/sales_price_of_existing_homes
  9. http://www.fns.usda.gov/fns/ (annual)
  10. http://ehbs.kff.org/pdf/8226.pdf (annual)
    http://ehbs.kff.org/?page=charts&id=1&sn=6&p=1
  11. http://www.miseryindex.us/ (monthly)

I don’t think “hope” replaces “action”.

Fiscal Cliff?


Fiscal cliff?

Baloney…and not the Oscar Mayer type.

Our bozos in Washington have likely failed basic math in their schooling.

____________________________

I don’t believe these numbers are 100%accurate – certainly not in the trillions or bazillions or whatever that number is called.  But they will serve to get the message across.  (I received something like this in our 100% believable emails but I played with the formatting a bit.)

The numbers are so gigantic, I thought this would put our country’s budget woes into more of an understandable mindset:

First, our country’s:

Federal Level
Federal Level

Next, let’s just remove NINE zeros and pretend it is a household budget:

Family Level
Family Level

Really isn’t that difficult to understand, is it?

More importantly, who’s gonna pay the debt off?  I’m sure you can guess better than our elected idiots.

Rant over.