Monday, January 8, 2018

Numbers

Some numbers:


More than half of American adults (53.1%) will be in the top 10% of the income distribution for one or more years between the ages of 25 and 60.

Only about one in three Americans (35.4%) will remain in the top 10% for two consecutive years between ages of 25 and 60, about one in four (26.7%) for three or more consecutive years, about one in five (21.7%) for four or more years, and only about one in 13 (7.8%) will stay in the top 10% for ten consecutive years or more.

In mid-2017, a person needed only $3,582 in net worth to be among the world’s wealthiest half of citizens. (Remember, when the pseudo-economic scientists are talking about the income inequality they want to rectify, they are not comparing New York to Ambridge, they are comparing Ambridge to Indore.)

A current net worth of $76,754 would place you in the top 10% of global wealth holders.

25.5% of men working full-time worked 41 or more hours per week in 2016, compared to only 14.5% of women who worked those hours.

6.1% of men worked 60 hours per week or more in 2016 compared to only 2.6% of women who worked those hours.

Women working 35-39 hours per week last year earned nearly 10% more than men who worked those hours.

70% of households in 1960 were supported by a single breadwinner. In 2012, 70% of households had two breadwinners.

Adjusted for population by group, American Jews were about three times more likely than blacks to be a victim of a hate crime last year, and 50% more likely than a Muslim to be a hate crime victim.

The government/for-profit contractor/nonprofit complex consumes about 40 percent of gross domestic product.

Venezuela’s overall infant mortality rate—defined as deaths within the first year of life—is currently 18.6 per 1,000 live births, according to the most recent government statistics. That is well beyond the upper range of 15.4 Unicef estimates for war-torn Syria.

Under Socialism, 60% of Venezuelan Businesses Have Closed.

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