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Happy Talk (Good Economic Statistics, for a change)
Thredgold Economic Associates ^ | August 16, 2006 | Jeff Thredgold

Posted on 08/16/2006 11:54:24 AM PDT by Choose Ye This Day

Donations to U.S. charities set an all-time high in 2005, with a total of $260 billion donated by individuals, foundations, and corporations. Individuals alone donated roughly $199 billion in 2005

During the early 1960s, the five-year survival rate from cancer was one in three. Today it is two in three…and continuing to climb

American household net worth on March 31, 2006 reached $53.8 trillion, the highest ever, and nearly three times the total of 18 years ago. Net worth—the difference between assets and liabilities—has risen for 14 consecutive quarters. Higher home and stock prices led the way

Productivity of the average American worker rose an average of 3.3% annually during each of the past four years, the largest gains in 51 years.

Today’s moms and dads, whether working or at home, are spending four to six hours more per week with their kids than did the previous generation

Global economic growth should exceed 4.0% in 2006 (after inflation) for the fourth consecutive year, the first such occurrence since the early 1970s. Strong growth allows millions of people to rise above poverty

The U.S. rate of home ownership reached 69% of households in recent quarters, the highest ever

In 1967, only one family in 25 earned $100,000 or more (inflation adjusted to 2005). Today, one in six families does. The share of families earning more than $75,000 annually in real dollars has tripled from 9% to 27%, while the share of families earning between $5,000 and $50,000 in real dollars has fallen by 19% since 1967

The average U.S. jobless rate of 4.7% in 2006 is lower than the averages during the 70’s, the 80’s, and the 90’s. The U.S. economy added nearly four million net new jobs during the past 24 months

(Excerpt) Read more at thredgold.com ...


TOPICS: Business/Economy
KEYWORDS: economy; prosperity
More stuff you probably won't read in the NY Times, LA Times, Minneapolis Star-Tribune, etc.

This is just an excerpt, there are more stats at the link.

1 posted on 08/16/2006 11:54:25 AM PDT by Choose Ye This Day
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To: Choose Ye This Day

Good stuff!!!


2 posted on 08/16/2006 12:01:42 PM PDT by GulfBreeze (I don't believe in athiests. They just don't exist...)
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To: Choose Ye This Day

Thanks, I needed some good news!


3 posted on 08/16/2006 12:02:46 PM PDT by Ooh-Ah
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To: Ooh-Ah

How can net worth be rising with a negative savings rate. Is the savings number bogus?


4 posted on 08/16/2006 12:07:17 PM PDT by ClaireSolt (.)
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To: Ooh-Ah

I think every FReeper should go to the link, print off the 2-page .pdf version of these stats, and post it in a few conspicuous places at work, where co-workers and customers can see it. Also, e-mail the .pdf to everyone you know.

I'm sick and tired of people grousing about how lousy our economy and our contry is. They focus on two or three things that stink, and ignore 50 other things that are very positive.

Maybe we can spread the news that the Mainstream Media won't.

This is the link to the full .pdf version:

http://www.thredgold.com/tealeaf/060816.pdf


5 posted on 08/16/2006 12:10:53 PM PDT by Choose Ye This Day (Why does our government "of the people" do things the people don't want--overtax & overregulate us?)
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To: Choose Ye This Day

Whoops.

"contry" should be "country", of course.


6 posted on 08/16/2006 12:25:37 PM PDT by Choose Ye This Day (Why does our government "of the people" do things the people don't want--overtax & overregulate us?)
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To: Choose Ye This Day
This is bullsh*t!! This economy sucks!! It's the worst since the Hoover Administration. I know it is because I heard Hillary say so myself.
7 posted on 08/16/2006 12:52:51 PM PDT by Eagles Talon IV
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To: Darth Reagan

ping


8 posted on 08/16/2006 12:58:16 PM PDT by marblehead17 (I love it when a plan comes together.)
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To: ClaireSolt

Savings data do not account for capital appreciation.


9 posted on 08/16/2006 1:05:03 PM PDT by babble-on
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To: Eagles Talon IV

Not to mention John Kerry.


10 posted on 08/16/2006 1:15:47 PM PDT by Choose Ye This Day (Why does our government "of the people" do things the people don't want--overtax & overregulate us?)
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To: ClaireSolt

http://money.canoe.ca/Columnists/Murray/2006/01/09/1385731.html


11 posted on 08/16/2006 1:29:35 PM PDT by Choose Ye This Day (Why does our government "of the people" do things the people don't want--overtax & overregulate us?)
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To: ClaireSolt
How can net worth be rising with a negative savings rate. Is the savings number bogus?

Bogus, it's as phoney as a $3 dollar bill. They don't count IRAs and 401Ks in the "savings".

12 posted on 08/16/2006 2:27:16 PM PDT by USS Alaska (Nuke the terrorist savages - In Honor of Standing Wolf)
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To: Choose Ye This Day

Right!!! More proof!!!


13 posted on 08/16/2006 2:29:58 PM PDT by Eagles Talon IV
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