FACTOID: Three years ago 54% of Americans said saving the auto industry was “mostly bad” while 37% said it was “mostly good.” Today, given the resurgence of American automobile manufacturers and their return to profit, those numbers have reversed. In the past thirty-three months US auto makers have added 207,000 new jobs.
FACTOID: Massachusetts’s health care program, which is the basis for our current Affordable Care Act, is in its 6th year of existence and remains widely popular in that state. 98% of the state’s residents have health care coverage while elsewhere the number of non-covered citizens has drastically risen. The governor of MA admits some issues need resolved but that much progress has occurred and the initial problems are being overcome. The consistency of the law’s popularity has been supported by frequent polls taken by the Boston Globe and no significant efforts have been made to repeal the law.
FACTOID: For every high valued job created 2.5 lesser jobs open up to support the good job.
FACTOID: During the Bush administration US oil production dropped from 5.8 million barrels per day to 5. During the Obama administration if has steadily and totally rebounded. Oil imports have dropped since 2007. There is a surplus of gasoline in America due to decreased demand and more efficient automobiles. Because of oversupply we are currently a net exporter of refined gasoline for the first time in American history. Why do prices continue to climb; speculation in the commodity market. (MSNBC’s Up With Chris Hayes, 2/26/12)
FACTOID: Of all the Super Pac money (Dem & Rep), to date, 25% has come from just 5 individual donors. 50% from just 24 individual donors. 24 extremely wealthy people have as much economic influence in today’s politics than all others combined.
FACTOID: The US Government has announced that the last FEMA trailer has been removed from New Orleans. At one time there were 23,000 trailers parked around the city providing temporary, albeit long-term, shelter for the victims of Katrina. Untold numbers of these used trailers, thought to emit toxic vapors, have been sold on eBay and elsewhere.
FACTOID: ABC News reported last evening that of every $50 consumers spent at the gasoline pump $30.75 goes to the oil company, $7 to the refinery, $6 to taxes, $4 to the delivery company, $1.25 to the credit card company, and only $1 to the station owner. Several years ago a person in the convenience store business told me that if a customer didn’t come in and buy a candy bar they lost money.
FACTOID: According to the Wall Street Journal, American business only pay 1.2% of their gross production in taxes. The lowest percentage in modern history. Also, of all the money collected by the super political committees (Super PACs), 25% of it has come from just five American billionaires. Four are Republicans, one is a Democrat, and none are George Soros. Dr. Jeffery Sachs says this connects the dots between the rich being in control of our tax policies.
FACTOID: Based on his recent income tax returns, Mitt Romney earns at the rate of $57,000 per day on invested income. Invested income is considered capital gains and is only taxed at a 15% rate. Romney’s effective tax rate was slightly under 14%. Using a simple math function found at Slate.com I determined that Romney makes in just 9 hours what I make in an entire year. It would take me 902 years 6 months 20 days 10 hours 33 minutes and 36 seconds to make what Mitt made in 2010 alone.
FACTOID: The US military has over 10,000 conventional piloted aircraft and over 7,000 drones. The bulk of drones are small, weighing only 4 pounds, and in the hands of the Army. They are hand launched and used for aerial observation. Some predict observation drones will be made obsolete by new generations of blimps being developed.
FACTOID: Around 10 million men died fighting during World War One. It is estimated that almost the same number of horses were killed.
FACTOID: The Ford Ranger pickup truck has rolled into the pages of history. After almost 30 years of production Ford is abandoning its line of smaller pickups.
FACTOID: The US Coast Guard, recognizing that people today weigh more, has lowered the capacity ratings of boats and ships. For 50-years they have based occupancy on the assumption that the typical person weighs 160 pounds. Today’s new number is 185 pounds. So your seven passenger party barge just became a six passenger party barge.
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FACTOID: As Mitt Romney travels the country in his bid for the GOP nomination he often makes the claim that repealing Obama’s health care reform law would save the nation $95 billion. According to PolitiFact.Org this statement is false. Check out their rationale and conclusion by clicking HERE.