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Thursday, December 25, 2014

Some statistical stunners of 2014


I learned a few stunning things in 2014 I wanted to pass along.  See if you are as surprised as I.

USA has gone from 4 million bbls./ day in oil production to almost 11 M bbl./day since 2007.  No credit to Obama admin which was held in contempt of court for refusing to allow drilling in Gulf of Mexico and has locked down most federal lands.  We are now tied with Saudi Arabia. It has so stunned and frightened OPEC that they are trying to bring down US oil with a price war.  Go USA!

In the late nineties, Americans favored gun control by a 66 to 29% margin.  Today they favor 2nd Amendment by 52 to 46%. In the mid nineties Americans were pro choice by 56 to 33%.  Today they are pro life by 50 to 41%. Death penalty support has fallen from 80% to 60%.

Oklahoma pays only 25% of their public school budgets toward teacher salaries.  KS pays roughly 20%.  What does the rest go toward? Ask you school board.  OK is also the cheapskate education state with less spend per pupil than the other 6 states in our area (common education).  There are 673,000 students and there has been a 37% increase in 10 years—about 3% per annum.  We rank 43rd in spending. BUT, we rank 30th in SATs. One of the reasons common ed spending is low is that the legislature transferred about 2% of the state school budget to career ed and colleges in the early 2000s.  And in the last 5 years we have gone from 17,000 to 25,000 bachelors degree grads.  38% increase in STEM grads.

The ten largest states are CA, TX, FL, NY, IL, PA, OH, GA, NC, and MI.  In 1970, FL was #9, GA and NC weren’t in the top ten but NJ and MA were. 

A recent poll of Democrats asked what they thought of Obama’s executive action.  43% of Dems were strongly in favor. 29% of Hispanic Dems were and a similar percent of blacks.  So who is driving the numbers?  White gentry liberals.
How do you get rich?  They did a poll of millionaires and found 94%-hard work, 87%-education, 83%-smart investing, 78%-frugality, 60%-risk taking, 36%-luck, 31%-inheritance.  This generally plots with Millionaire Next Door statistics except that frugality is underrated by this group and education perhaps a bit stronger. 

In 1960 there were 150 employed white males and 90 employed black males for every 100 females.  Today it is 110 and 50.  Why are so few men at work?

The S&P gained 900%, GDP grew 3.8% and 44 M jobs were added from 1982-2000.  Since then the S&P has grown 50%, growth has averaged 1.8% and 5.5M jobs added.

28% of the 1.6B Muslims think it is okay to kill civilians for jihad.  Honor killings of women is approved by 22% and 96% say a wife must obey her husband at all times.

Crime and death.  Number of deaths in 2013 from all rifles=453, handguns=6009,auto accidents=32,885, knives=1817, hospital/surgery accidents=98,000.

18% think they will never retire.  44% do no retirement planning.  Of those seniors on social security, one out of four have only social security. 

The 5 freest states are ND, SD, TN, NH, and OK   

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