Econometrics Follow the Money Econometrics is the measurment of the economy . When elected , I will expand this page to provide residents of the district with updates and insght on these numbers abstracted from life . Right now , the first entries are rather on the abstract level , but it`s basically about where the money is flowing .
If you have a strong background in econometrics and are familiar with the APL family of languages , and want join the team and take over this page , let me know . This will be a crucial staff position to fill down in WDC .
latest BEA i-o tables
Subject: Re: [lp2000] Gerrymander map/cartoon Date: Wed, 12 Apr 2000 12:01:38 -0400 From: BobArmstrong Organization: Coherent Systems To: DEMOREP1@aol.com I`ve meant to write you for some time . I used to subscribe to LP2000 but the volume was just too great . I was impressed by a number of your posts . In fact , I added a link to my campaign site by the map of the gerrymandered district I am running for to the original gerrymander map you cited back in a december post . Of more ongoing relevance however , is your posting of US economic input/output matrices - altho they came thru email in an almost unreadable form . I live in Array Programming Languages rooted in matrix algebra , but don`t have a formal background in econometrics . The matrices you posted are the sort Leontief(sp?) got a Nobel for , right ? I need such econometric expertise on my team - perhaps to contribute a web page . Do you have any time , interest or advice ? Thanks . --- BobArmstrong -- http://CoSy.com -- 212-285-1864 --- Libertarian candidate , (NY-8) in 2000 : http://www.boba-in-y2k.org > > > 209 Days to the Election < < < "If you can ask the question 'Am I or am I not responsible for my actions' then you are." Fyodor Dostoevsky , quoted in rwe.de Agenda #1 2000 .
Subject: SUMMARY U.S. ECONOMY MATRIX, 1999 QT 4 Date: Wed, 12 Apr 2000 21:00:42 EDT From: DEMOREP1@aol.com To: bob@cosy.comBelow is updated info (originally sent in 3 parts)----While LP folks continue to attack each other, the statist D/R regimes in theU.S.A. and State/local governments continue to take over the economy. Viewthe below in a monospace font.SUMMARY U.S. ECONOMY MATRIX, 1999 QT 4, PER CAPITA DOLLAR AMOUNTS, SEASONALLYADJUSTED ANNUAL RATES, LINES 1-4 INCOME ITEMS VERTICAL, OUTGO ITEMS HORIZONTAL PI BI GI FI TO1 PO --------- PB 30333 PG 5559 PF 90 35982 PO 12 BO BP 26670 --------- BG 5334 BF 5822 37826 BO 23 GO GP 3648 GB 7297 -------- GF 431 11377 GO 34 FO NA NA FB 4964 NA NA --------- 4964 FO 45 TI PI 30319 BI 42594 GI 10892 FI 6343 TI 56 TO PO 35982 BO 37826 GO 11377 FO 4964 TO 67 SA PS -5663 BS 4768 GS -484 FS 1379 SA 7P- PERSONS, B- BUSINESS, G- GOVERNMENT, F- FOREIGN, I- INCOME, O- OUTGO,S-SAVINGS, T- TOTAL, NA- NOT AVAILABLE (NETTED OUT)MEMO: PS + BS = -895Thus, foreign savings financed both the private sector and government savingsdeficits.GI/PI = 10892/30319 = .348GO/PI = 11377/31319 = .363Due to so-called imputed income items such ratios are somewhat higher- circa.36 to .38.What tax/spending levels will cause a total tax revolt (especially amongyoung folks) ???How long will foreign folks finance savings deficits in the U.S.A. (i.e.before the dollar totally crashes internationally) ???DATA-http://www.bea.doc.gov/bea/dn/dpga.txtParts of Tables 1.1, 1.9, 1.14, 2.1, 3.1, 4.1, 5.1, 8.7The raw data will appear in the Survey of Current Business, April 2000.-----The data using percentages of Persons Income.View the below in a monospace font.SUMMARY U.S. ECONOMY MATRIX, 1999 QT 4, PERCENTAGES OF PERSONS INCOME,SEASONALLY ADJUSTED ANNUAL RATES, LINES 1-4 INCOME ITEMS VERTICAL, OUTGOITEMS HORIZONTAL PI BI GI FI TO1 PO --------- PB 100.0 PG 18.3 PF 0.3 118.7 PO 12 BO BP 88.0 --------- BG 17.6 BF 19.2 124.8 BO 23 GO GP 12.0 GB 24.1 -------- GF 1.4 37.5 GO 34 FO FP NA FB 16.4 FG NA --------- 16.4 FO 45 TI PI 100.0 BI 140.5 GI 35.9 FI 20.9 TI 56 TO PO 118.7 BO 124.8 GO 37.5 FO 16.4 TO 67 SA PS -18.7 BS 15.7 GS -1.6 FS 4.5 SA 7P- PERSONS, B- BUSINESS, G- GOVERNMENT, F- FOREIGN, I- INCOME, O- OUTGO, S-SAVINGS, T- TOTAL, NA- NOT AVAILABLE (NETTED OUT)MEMO: PS + BS = -3.0---Detail of the 1999 Qt 4 U.S., State/local Government Income and Outgo itemsas a percentage of Persons IncomePG 4.1 PERSONAL SOCIAL INSURANCE CONTRIBUTIONSPG 14.2 PERSONAL TAXESPG 18.3 SUBTOTALBG 4.0 EMPLOYER SOCIAL INSURANCE CONTRIBUTIONSBG 3.3 CORPORATE PROFIT TAXESBG 8.9 INDIRECT TAXESBG 1.2 INTEREST TO GOVTBG 0.0 DIVIDENDS TO GOVTBG 0.2 GOVT ENTERPRISES SURPLUSBG 0.0 GOVT WAGE ACCRUALS-DISBURSEMENTSBG 17.6 SUBTOTALFG NA NETTED OUT IN GF BELOWGI 35.9 GOVT INCOMEGP 12.0 GOVT TRANSFER PAYMENTS TO PERSONS (Social security, pensions, etc.)GB 16.5 GOVT CONSUMPTION EXPENDITURES (Govt employees and noncapital)GB 3.1 GOVT INTEREST TO PERSONS AND BUSINESSGB 0.7 GOVT ENTERPRISE SUBSIDIESGB 3.8 GROSS GOVT INVESTMENT (capital)GB 24.1 SUBTOTALGF 0.2 GOVT TRANSFER PAYMENTS TO FOREIGNGF 1.2 GOVT INTEREST TO FOREIGNGF 1.4 SUBTOTALGO 37.5 GOVT OUTGOGS -1.6 GOVT DEFICITThus, the statists split up the types of taxes to confuse the public.One can only imagine what would happen to the economy if the U.S. gets into aserious wartime situation in view of the 37.5 outgo percentage in peacetime.Due to some imputed (fictional) income items (such as the fictional rentalincome of owner occupied homes), the govt total in/out percentages are about2-4 percent higher in the real money economy.
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