Hoover Institution at Stanford University

Facts on Policy™

Facts on Policy

FACTS ON POLICY™ highlights facts relevant to current issues of public interest, adding context to the world of opinion, commentary, and policy dialogue.

Facts on Policy is on hiatus.

MOST VIEWED

MOST PRINTED

MOST EMAILED

MOST SAVED

(LAST 7 DAYS)

1. Consumer Spending
Personal consumption accounts for 70 percent of gross domestic product.

2. Income Tax Distribution
The individual income tax share that the wealthiest Americans pay has steadily increased over time.

3. Homeownership Rates
Homeownership rates in the United States peaked in 2004, hitting 69.2 percent.

4. Top Trading Partners
Canada is the United States' largest trading partner of goods.

5. Prison Demographics
In December 2006, there were 1.57 million people in federal or state prisons.

6. School Funding Shift
U.S. public school funding was once primarily financed locally but over time it has shifted toward state and federal funding.

7. Prison Sentencing
The average criminal sentenced to state prison serves a little more than half of her or his sentence.

8. Consumer Debt
Household debt fell for the first time in fifty-six years.

9. Historical Inflation Rates
Since 1990, annual inflation has hovered at historically low levels—averaging under 3 percent per year.

10. U.S. Savings Rate
In 2005, the U.S. savings rate hit negative levels for the first time since the Great Depression.

 


FOLLOW THE HOOVER INSTITUTION:

Twitter icon
Twitter icon