| Percent change | |||||
|---|---|---|---|---|---|
| Item | 2011 | 2012 | 2013 | 2011-2012 | 2012-2013 |
| Average annual expenditures: | |||||
| Total................................................. | $49,705 | $51,442 | $51,100 | 3.5 | -0.7 |
| Food ............................................... | 6,458 | 6,599 | 6,602 | 2.2 | 0.0 |
| At home ......................................... | 3,838 | 3,921 | 3,977 | 2.2 | 1.4 |
| Away from home ............................. | 2,620 | 2,678 | 2,625 | 2.2 | -2.0 |
| Housing ........................................... | 16,803 | 16,887 | 17,148 | 0.5 | 1.5 |
| Apparel and services......................... | 1,740 | 1,736 | 1,604 | -0.2 | -7.6 |
| Transportation.................................. | 8,293 | 8,998 | 9,004 | 8.5 | 0.1 |
| Healthcare....................................... | 3,313 | 3,556 | 3,631 | 7.3 | 2.1 |
| Entertainment................................... | 2,572 | 2,605 | 2,482 | 1.3 | -4.7 |
| Cash contributions............................ | 1,721 | 1,913 | 1,834 | 11.2 | -4.1 |
| Personal insurance and pensions........ | 5,424 | 5,591 | 5,528 | 3.1 | -1.1 |
| All other expenditures........................ | 3,382 | 3,557 | 3,267 | 5.2 | -8.2 |
| Consumer unit characteristics: | |||||
| Number of consumer units (000’s)......... | 122,287 | 124,416 | 125,670 | - | - |
| Average age of reference person.......... | 49.7 | 50.0 | 50.1 | - | - |
| Average number in consumer unit:........ | |||||
| People............................................ | 2.5 | 2.5 | 2.5 | - | - |
| Earners........................................... | 1.3 | 1.3 | 1.3 | - | - |
| Vehicles.......................................... | 1.9 | 1.9 | 1.9 | - | - |
| Percent homeowner............................ | 64.9 | 64.3 | 63.7 | - | - |
| Income before taxes........................... | $63,685 | $65,596 | $63,784 | 3.0 | -2.8 |
I did not double check that I got the numbers exactly right but I believe that they are.
Now that the election is over we'll see cost increases for healthcare by ten times? More?
And a corresponding decrease in spending for all but the bare necessities. Healthcare cost may even cut into that.
The past couple of years showed modest reductions. Now look out!
His comments regarding transparency and tortuousness are from a much longer video, in which he makes a comment about a “time bomb” of costs rising to 17% of income. (time index: 23:15)
OT, can you tell me why butter is $5/lb now while milk is still $3.50 gallon?