-
Tracking Inflation Across Presidencies: A Historical View of the Consumer Price Index (CPI)
The chart presents a comprehensive view of the annual average Consumer Price Index (CPI) during the presidencies of George W. Bush, Barack Obama, Donald Trump, and Joe Biden. By examining this data, we gain insights into the inflationary trends that have shaped the U.S. economy over the past two decades. The Bush Era (2001–2009):George W.…
-
The Story of Jobs: How Four Presidencies Shaped U.S. Unemployment
The chart presents a visual analysis of the annual average unemployment rate during the presidencies of George W. Bush, Barack Obama, Donald Trump, and Joe Biden. The data, sourced from FRED (Federal Reserve Economic Data) and represented by the UNRATE series, offers insights into how the U.S. labor market has evolved under each administration and…
-
From Data to Decision-Making: How R Empowers Modern Analysis
is a programming language and software environment primarily used for statistical computing and data analysis. It’s popular among data scientists, statisticians, and researchers for its powerful data manipulation, visualization, and modeling capabilities. Here’s a brief overview of what makes R unique and widely used: In summary, R is a versatile and powerful tool for data…
-
Is Your Paycheck Disappearing? How Taxes and Inflation Are Draining Your Wallet in 2024
In today’s economy, it’s no secret that taxes and inflation are working together to reduce the real value of our incomes. Each month, it feels like paychecks don’t stretch as far as they used to, leaving us wondering: where is all the money going? Let’s break down the numbers and see how inflation and taxes…
-
Fiat Currency and the Growing Debt Crisis: The Hidden Costs of Unlimited Borrowing and Mismanagement
The chart paints a stark picture of the U.S. government’s growing debt under a fiat currency system, where money is created by government decree rather than being backed by tangible assets like gold. The rapid expansion of debt, outpacing tax receipts, illustrates a key feature of a fiat currency: the government can continuously borrow and…
-
Nominal vs. Real Wage: How Inflation and Taxes Shape Your Income Over Time
Inflation and taxes directly impact your income, creating a gap between nominal wages (the actual amount on your paycheck) and real wages (the purchasing power of that paycheck over time). This article explains the differences between nominal and real wages and introduces an interactive tool to help you visualize how inflation and taxes affect your…
-
Exploring Three Income Paths: How a Tariff-Only Tax Model Could Reshape Your Earnings
The analysis compares three income trajectories under a hypothetical tariff-only tax model: Actual Wage, Simulated Income with Inflation Adjustment, and Simulated Income without Inflation Adjustment. The Actual Wage line represents historical real wage data, showing a slow but steady growth over time. This baseline highlights income trends under the current tax system and economic conditions.…
