There are several items I track to determine the health of the US and Global economies. These include Nominal GDP, Population, Per Capita GDP, National Debt, Debt to GDP, Government revenue, Government spending and Trade Balance.
The next grouping I track to determine the health of family economies. These include Household Income, Inflation, Interest Rates, Unemployment, Jobs Reports, Energy Costs, Home prices, Mortgage costs, Rental costs, Inheritance Tax Rates and Stock Prices.
I also look at Politics, Wars, Church attendance, Changes in culture, Declines in academic achievement, Indoctrination in Schools, Crime, Theft, Riots, Marxist protests, Marxist propaganda, Accidents, Property rights infringements, Government Corruption, Changes in Democrat and Republican behavior and how bad behavior is funded.
Much of the data I report is annual, quarterly and monthly. The international data varies between sources like the IMF and UN, GDP is reported as Nominal as actual dollars and Real, corrupted by cost of living data..
I write blog posts to report this data, because the news media fails to report this information fully. I get my news from Fox News and Fox Business News and they need to spend more time reporting the data I need. I watch documentaries on the Story and History channels. My posts are also informed by living through events since the 1940s and hearing from my family on events that occurred earlier by my parents, grandparents and great grandmother who witnessed the Civil War.
GDP is Gross Domestic Product and includes money earned by States and Nations by producing goods and services. It includes money spent by populations and governments. Population should be the total number of citixens of States and Countries. Per Capita GDP is GDP divided by the Population. National Debt is the difference between government revenue and government spending. Debt to GDP is the percentage of government spending divided by government revenue. Trade Balance is the difference between exports and imports
The data on family income improved in the US under Reagan and Trump,but was not good in under Obama and Biden. Democrats tend to be Marxists and Republicans tend to be Free Market Capitalists. Marxism has never worked, but Free Market Capitalism always works to the benefit of its citizens.
US Household income should be compared to Per Capita Income. US Inflation has increased by 21% since 2021. Fed Fund Interest rates have moved from 0 to 5%. Unemployment remains under 4%. Jobs Reports reveal that we have not restored manufacturing to the US and show where jobs are going. Energy costs are high due to low production supply. Home prices are high and stable due to low supply. Mortgage rates have moved from 3% to 7%. Rental costs remain high. Inheritance excise tax begins at $1.3 million. Stock prices continue on a roller-coaster ride between 30,000 and 35,000 on the DOW.
US politics vacillates beween Democrat Marxist Dictators to Republican Populist Capitalists. Foreign wars put the US in debt and lead to high inflation. Church attendance is down, Changes in culture are bizarre. Academic achievement is down, Indoctrination in schools is complete. Crime, Theft, Riots and Marxist riots and propaganda is up. Accidents are up due to poor road construction and maintenance. Property Rights infringement is up. Government Corruption is up. Funding for our decline is provided by George Soros, Non-profits, Democrats and Federal Grants.
Norb Leahy, Dunwoody GA Tea Party Leader
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