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.com

Below is updated info (originally sent in 3 parts)

----

While LP folks continue to attack each other, the statist D/R regimes in the
U.S.A. and State/local governments continue to take over the economy. View
the below in a monospace font.

SUMMARY U.S. ECONOMY MATRIX, 1999 QT 4, PER CAPITA DOLLAR AMOUNTS, SEASONALLY
ADJUSTED ANNUAL RATES, LINES 1-4 INCOME ITEMS VERTICAL, OUTGO ITEMS HORIZONTAL


         PI          BI        GI         FI       TO
1 PO  ---------  PB  30333  PG  5559  PF     90   35982  PO 1
2 BO  BP  26670  ---------  BG  5334  BF   5822   37826  BO 2
3 GO  GP   3648  GB   7297  --------  GF    431   11377  GO 3
4 FO  NA     NA  FB   4964  NA    NA  ---------    4964  FO 4

5 TI  PI  30319  BI  42594  GI  10892  FI  6343          TI 5
6 TO  PO  35982  BO  37826  GO  11377  FO  4964          TO 6
7 SA  PS  -5663  BS   4768  GS   -484  FS  1379          SA 7


P- PERSONS, B- BUSINESS, G- GOVERNMENT, F- FOREIGN, I- INCOME, O- OUTGO,
S-SAVINGS, T- TOTAL, NA- NOT AVAILABLE (NETTED OUT)

MEMO: PS + BS = -895

Thus, foreign savings financed both the private sector and government savings
deficits.

GI/PI = 10892/30319 = .348
GO/PI = 11377/31319 = .363

Due 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 among
young 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.txt
Parts of Tables 1.1, 1.9, 1.14, 2.1, 3.1, 4.1, 5.1, 8.7
The 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, OUTGO
ITEMS HORIZONTAL

         PI          BI        GI         FI       TO
1 PO  ---------  PB  100.0  PG  18.3  PF    0.3   118.7  PO 1
2 BO  BP   88.0  ---------  BG  17.6  BF   19.2   124.8  BO 2
3 GO  GP   12.0  GB   24.1  --------  GF    1.4    37.5  GO 3
4 FO  FP     NA  FB   16.4  FG    NA  ---------    16.4  FO 4

5 TI  PI  100.0  BI  140.5  GI   35.9  FI  20.9          TI 5
6 TO  PO  118.7  BO  124.8  GO   37.5  FO  16.4          TO 6
7 SA  PS  -18.7  BS   15.7  GS   -1.6  FS   4.5          SA 7

P- 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 items
as a percentage of Persons Income

PG  4.1  PERSONAL SOCIAL INSURANCE CONTRIBUTIONS
PG  14.2  PERSONAL TAXES
PG  18.3  SUBTOTAL

BG  4.0  EMPLOYER SOCIAL INSURANCE CONTRIBUTIONS
BG  3.3  CORPORATE PROFIT TAXES
BG  8.9  INDIRECT TAXES
BG  1.2  INTEREST TO GOVT
BG  0.0  DIVIDENDS TO GOVT
BG  0.2  GOVT ENTERPRISES SURPLUS
BG  0.0  GOVT WAGE ACCRUALS-DISBURSEMENTS
BG  17.6  SUBTOTAL

FG  NA  NETTED OUT IN GF BELOW

GI  35.9  GOVT INCOME

GP  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 BUSINESS
GB  0.7  GOVT ENTERPRISE SUBSIDIES
GB  3.8  GROSS GOVT INVESTMENT (capital)
GB  24.1  SUBTOTAL

GF  0.2  GOVT TRANSFER PAYMENTS TO FOREIGN
GF  1.2  GOVT INTEREST TO FOREIGN
GF  1.4  SUBTOTAL

GO  37.5  GOVT OUTGO

GS  -1.6  GOVT DEFICIT

Thus, 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 a
serious wartime situation in view of the 37.5 outgo percentage in peacetime.

Due to some imputed (fictional) income items (such as the fictional rental
income of owner occupied homes), the govt total in/out percentages are about
2-4 percent higher in the real money economy.

---

;

CoSy The NoteComputer

Feedback : bob@cosy.com
NB : I reserve the right to post all communications I receive or generate to CoSy website for further reflection .

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