Numbers are Not Opinions

Our economy impacts each and every one of us.  Below are economic charts that we citizens should keep an eye on.  Charts #1-8 are from  the twitter feed of the economist Steven Rattner.  Included are the dates and his comment regarding each chart.  Even if you ignore his comments, the data is informative.
  
Chart #9 is from the website of the Committee for a Responsible Federal Budget.  I have included the link to the website.

The chart I found most compelling was Chart#6.  By 2021 (only 3 short years from now!) the interest on the federal debt will be higher than all of our spending on/for our children.  This is a disturbing thought for the future. 


Chart #1:  6/5/18 "Will 3% growth last?  Projections say no...and more economists are concerned about a 2020 recession"

Chart #2: 6/13/18 "Who's paying for those lumber tariffs Trump imposed?  We are.  Homebuilders anticipate over 9k in lost jobs and a price hike on homes over $6k."  

Chart #3: 6/4/18 "What Trump doesn't understand is that far more jobs are stake for the users of metal products than any saved for producers"

Chart #4: 6/4/18 "The Bush experience taught us that tariffs didn't save jobs in the steel industry"

Chart #5:  6/5/18 "Record job openings > Record job hiring = tight labor market with skills mismatch in the mix"

Chart #6:  6/8/18 "By 2021, the government will be spending more to finance its past than invest in our future"

Chart #7:  6/8/18 "Job gains from metal tariffs?  No.  Trade Partnership expects net losses of 400K"

Chart #8:  6/12/18 "The result of Trump tariffs on washing machines?  A wicked price hike for US consumers"

Chart #9: per the website Committee for a Responsible Federal Budget. See the included link.

http://www.crfb.org/blogs/more-half-next-years-deficit-congresss-fault

Let's all keep watching the numbers.