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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…

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…

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…

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…

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…

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.…