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No Wonder I Feel Poorer
Kirt's Cogitations™
#26
"Factoids," "Kirt's Cogitations," and
"Tech Topics Smorgasbord"
are all manifestations of my ranting on various subjects relevant (usually) to the
overall RF Cafe theme. All may be accessed on these pages:
1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 | 26 | 27 | 28 | 29 | 30 | 31 | 32 | 33 | 34 | 35 | 36 | 37
No Wonder I Feel Poorer
According to Standard of Living Committee, more federal taxes were taken from citizens than the growth of personal income. From 2000-2001, GPI grew by $279.5 billion, while federal tax revenues grew by $298.6 billion. The consumer taking on more debt makes up the difference. American consumers' willingness to go deeper into debt to fund housing purchases or borrow equity out of their homes to finance consumption came to the rescue. According to the National Mortgage News, residential originators funded a record breaking $729 billion in home mortgages in 02Q3 and are set to come close to $2.5 trillion in 2002. This surpasses last year's record of $2.066 trillion.
Copyright: 1996 - 2026 |
About RF Cafe RF Cafe began life in 1996 as "RF Tools" in an AOL screen name web space totaling 2 MB. Its primary purpose was to provide me with ready access to commonly needed formulas and reference material while performing my work as an RF system and circuit design engineer. The World Wide Web (Internet) was largely an unknown entity at the time and bandwidth was a scarce commodity. Dial-up modems blazed along at 14.4 kbps while tying up your telephone line, and a lady's voice announced "You've Got Mail" when a new message arrived... |
Copyright 1996 - 2026 All trademarks, copyrights, patents, and other rights of ownership to images
and text used on the RF Cafe website are hereby acknowledge My Hobby Website: My Daughter's Website: |
