This page contains a full-time individual income percentile calculator for the United States in 2017. Data originates from the March ASEC and includes full-time incomes earned between January and December 2016. To avoid any controversy, you can select whether the tool defines a full-time worker as 30+ or 40+ hours worked in a typical week. […]
Calculates a net worth’s percentile as compared to the United States household wealth distribution.
Savings articles tend to be among the most popular articles here on DQYDJ (as in our most popular savings article – our Savings Rate Calculator for determining when you can retire), but we often concentrate on our own savings rate… or at most the savings rate of America. When we saw a link to an […]
It’s been a while since we here at Don’t Quit Your Day Job have collaborated with another site to give you some original epic pieces. Today, we rectify that by teaming up with the inimitable ADP at American Debt Project. ADP is one of the good ones – a debt blogger who is actually seeing declining debt. And isn’t that the way the debt genre is supposed to work? (And almost never does?). Follow her progress as she does what so few others do.
ADP came to us with a curious question: Can we use building statistics to see when economies become overheated? Basically, she wanted to know if watching building trends and construction would provide any clues to where an economy is headed. Evidence is slim, but let’s take a look at the numbers and see what we can figure out!
“In the past, raising the debt ceiling was routine. Since the 1950s, Congress has always passed it, and every President has signed it. President Reagan did it 18 times. George W. Bush did it 7 times.” – President Barack Obama, July 26, 2011.
In the United States, Congress controls the purse strings. Congress sets the amount of spending that the United States will embark upon, setting the maximum amount with a number called the Debt Ceiling. The Debt Ceiling is a relatively modern concept – before there was an aggregate debt limit, Congress would authorize borrowing one bill at a time. In 1939 and 1941 the Public Debt Acts changed us to the system we have today – where maximum borrowing is authorized in the debt ceiling (and consolidated under the Treasury Department) while bills which spend money are voted on separately.
I’m a sucker for bold graphics (keep that in mind if you want free links!). A graph in the always enlightening “By The Numbers” section on Real Clear Markets caught my eye- it definitely fits the criteria. This article graphs the employment rate amongst people aged 55 and older in various countries, and europe as a whole. Not that unexpectedly, the United States leads the way in this category.
Alot of noise has been made about how the United States won a majority (20) of their Olympic medals in events that didn’t exist the last time the Winter Games were held in Canada (1988, Calgary). Hopefully this point has been thoroughly dismissed by sites such as FiveThirtyEight. However, another valid point can be raised […]
A popular topic in the blogosphere, given new life after comments by Nobel prize winning economist Paul Krugman, is the relative success of the United States vs. the states that make up the European Union. The European Union is a loose confederation of 27 countries in Europe, ranging from Spain to Estonia. Krugman goes so far to suggest that “[y]ou should always bear in mind that when the question is which to believe — official economic statistics or your own lying eyes — the eyes have it.”