[RD] Daily Graphs and Charts

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warpus said:
Michigan has the same GDP as Poland? Poland's GDP is like 30-40% of the Canadian GDP. What's going on in Michigan?
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Random GDP estimates:
Canada 1,764
Poland 1,111
Michigan 500
So yes something is off about the map.
 
PPP is adjusted for their purchasing power, factors in currency (since gdp is listed in US dollars) and costs of goods and services etc. That's why poland probably looks high cus the euro is weak compared to the dollar.

I guess people actually prefer to use PPP when comparing countries.
 
student-debt-1.nocrop.w710.h2147483647.png
 
civvver said:
2018 is a projection for all of 2018? Cus it's only February. A lot of trump's projections depending highly on whether the tax bill spurs the growth the republicans claim or not. I think everyone knows by now it's a shame that republicans are fiscally conservative. The difference is where they like to spend their money (military, tax cuts) but they all spend.
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Projections are probably fairly good. Any potential lift from the tax cut would be small. And there's also some possibility of a recession. But there will definitely be an increase in deficit so long as Trump is president.
 
The student debt issue is that conservatives have found a way to redistribute wealth with a different argument. And it's working.
 
Education, like housing and Healthcare in the United States is good example of how you don't actually want to introduce subsidies into an open market. What you would rather do is provide the service at a negotiated rate. Loans themselves, especially when coupled with poverty-related grants, are not a bad idea when it comes to education. It's the idea of giving an ever-increasing amount of money to get diminishing returns that is the problem
 
El_Machinae said:
Education, like housing and Healthcare in the United States is good example of how you don't actually want to introduce subsidies into an open market. What you would rather do is provide the service at a negotiated rate. Loans themselves, especially when coupled with poverty-related grants, are not a bad idea when it comes to education. It's the idea of giving an ever-increasing amount of money to get diminishing returns that is the problem
Click to expand...


It worked a lot better when the publicly owned universities were dirt cheap because of subsidies. There's always the private universities on the side.
 
Betsy Devos has written a memo that if made regulation, will remove the power of the states to enact regulations on the student loan industry. Because right now the people who really need help are the student loan services who have a literal captive market and not the captives.
 
Making the student loan industry great again! At this point, nothing surprises me anymore.
 
El_Machinae said:
Education, like housing and Healthcare in the United States is good example of how you don't actually want to introduce subsidies into an open market. What you would rather do is provide the service at a negotiated rate. Loans themselves, especially when coupled with poverty-related grants, are not a bad idea when it comes to education. It's the idea of giving an ever-increasing amount of money to get diminishing returns that is the problem
Click to expand...

It's how you subsidize. State funding has dropped and subsidized loans have replaced.
8-15-16sfp-f1.png
 
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