thestatedtruth.com | October 30, 2013
Surprised as we are, somehow we don’t think it was employment gains that powered this giant revenue collection….capital gains taxes would make more sense being that stock markets are at all time highs! Bloomberg: The U.S. posted its smallest budget deficit in five years as employment gains helped propel revenue to a record. Spending exceeded receipts […]
Category: Commentary, Economy, Finance, National News, Research, Tid Bits, Wall Street, World News |
1 Comment »
Tags: Collections, Deficit Shrinks, Employment Gains, Revenue, spending, Surplus, Surprise, taxes
thestatedtruth.com | March 8, 2013
Here are the key words from below: Two categories of spending represent 12.5% of all discretionary spending. These costs go up when the economy is weak, they have never, repeat never declined. Consider just these two components of the discretionary spending budget; (1) Food Stamps, and (2) the Earned Income and Child Credits. 1) Food Stamps cost the government […]
Category: Commentary, Economy, National News, Pensions and Retirement, Personal Net Worth, Uncategorized |
1 Comment »
Tags: Economy, Food, food stamps, Free, Gifts, Giveaway, Government, spending, Stamps
thestatedtruth.com | February 27, 2013
What a nightmare…..We spend almost 20% of our gross domestic product on health care in the U.S., and that figure continues to climb. In the U.S., people spend almost 20% of the gross domestic product on health care, compared with about half that in most developed countries. Yet in every measurable way, the results our […]
Category: Commentary, Economy, Healthcare and Science, National News |
14 Comments »
Tags: health, healthcare, Medical, spending
thestatedtruth.com | July 12, 2012
Can small town America survive a local Wal-Mart……Our opinion is that anytime one company controls so many things, it’s not good for anyone! A study of small and rural towns in Iowa showed lost sales for local businesses ranging from -17.2% in small towns to -61.4% in rural areas, amounting to a total dollar loss […]
Category: Commentary, Economy, National News, Retail, World News |
13 Comments »
Tags: Big Stores, Control, Large Company, retail, spending, Super Stores, walmart
thestatedtruth.com | February 16, 2012
In the new normal let’s review some definitions: (Discretionary spending is a spending category through which governments can spend through an appropriations act.) This spending is optional as part of fiscal policy, in contrast to entitlement programs for which funding is mandatory. As the Budget Control Act cuts discretionary spending to a 50-year low (close to only […]
Category: Commentary, Economy, Finance, National News, Wall Street |
47 Comments »
Tags: Discretionary Spending, Government Spending, Mandatory Spending, spending
thestatedtruth.com | February 10, 2012
So, Governor Brown, what happened to the big recovery you were expecting…and how about the giant consumer spending binge of the last two months fueled mostly on credit……just asking? This is a disaster to the state budget. Spending up as reflected in sales taxes, while income is down, relected in income taxes. California collected $528 million less in […]
Category: Commentary, Economy, Finance, National News, Wall Street |
3 Comments »
Tags: California, Collections, Money, monopoly money, spending, taxes
thestatedtruth.com | July 29, 2011
Economically speaking, things slow before they reverse. That looks to be what we are doing currently. Whether we slow down more next year, then go off a cliff, or skip that part and fall off the cliff in the next six months will probably be a moot point. The U.S government is broke and not hiring new workers for the first time in our lives. In addition they’re […]
Category: Commentary, Economy, National News, Wall Street |
77 Comments »
Tags: consumer, Economy, spending, unemployment
thestatedtruth.com | June 15, 2011
The gap between spending and revenues has never been larger! The American consumer is tapped. Just look at the outstanding debt count: -over $10 trillion in mortgage debt -$1 trillion in student loan debt -over $750 billion in credit card debt We also have billions more in automotive debt. This is simply unsustainable and we […]
Category: Charts and Graphs, Commentary, Economy, National News, News Letters, Wall Street |
43 Comments »
Tags: Gap, GDP Gap, Revenues, spending
thestatedtruth.com | September 9, 2010
Shifting Demographics A factor affecting demand is shifting demographics. The Baby Boomer generation is no longer the consumption engine it has been to the US economy.  We have a generation that, as has been predicted for some time, is reducing its expenses but it may be even more dramatic than forecasted. With home housing […]
Category: Charts and Graphs, Commentary, Economy, Finance, Interest Rates, Bonds, National News, Pensions and Retirement, Wall Street, World News |
398 Comments »
Tags: age distribution, consumption, demograhics, getting older, new normal, Real Estate, spending