CL Infographics - Latest Comments

Re: How The Average Consumer Spends Their Paycheck

gbuddha2012 — Wed, 16 Feb 2011 11:31:02 -0000

The money goes to the racketeers that run us and the economy. Don't bitch about taxes, they are more than offset by what 2 kids in school for 13 yrs would cost if you had to pay out of pocket 300k. Besides our incomes don't keep up with inflation - so 40% of americans pay no fed tax.

Re: Financial Flops of The Silver Screen

Guest — Tue, 18 Jan 2011 07:06:19 -0000

Waterworld:
With a budget of $175 million, the film grossed a mere $88 million at the U.S. box office, which seemed to make it the all time box office bomb.[10] Adjusted for inflation and expressed in 2006 dollars (USD), the budget for the movie was $231.6 million, and grossed $116.8 million at the U.S. box office.
The Adventures of Pluto Nash: Budget: $100 million, Domestic Total Gross: $4,420,080

Re: How The Average Consumer Spends Their Paycheck

Golden_mesa — Wed, 12 Jan 2011 17:22:58 -0000

Another glaring omission is the amount of household savings. Could it be that the amount was so small that it disappeared as a rounding error?

Re: Is Walking Away From Your Mortgage OK?

MalikTous — Mon, 10 Jan 2011 20:11:06 -0000

If they try an illegal foreclosure, then YES, walk off, even sabotage the place. If they make an honest and real effort to avoid foreclosure and work with the payee, then no. Bank of unAmerica should end up with the most in the first category as people who they foreclose on often haven't broken lease to begin with; it would serve that bank of con artists right to get nothing but waste properties.

Re: Obama’s Economic Stimulus Plan Mapped Out

Marcsunisa — Fri, 24 Dec 2010 02:09:33 -0000

What about where it's all coming from?

Re: Unemployment Rates and Benefits by State

epiphany1991 — Tue, 21 Dec 2010 18:48:25 -0000

Try $167.40 a week. Virginia. It's still better than nothing, like I'm getting now. The only reason my child gets a X-Mas this year is because of a credit card I recently got approved for. If I can't make my payment on my bills though or find a job I am basically in bad credit limbo again and there will be no more anything.

Re: How The Average Consumer Spends Their Paycheck

dumdedumdum — Sun, 28 Nov 2010 12:00:45 -0000

I don't eat fast food burgers, and wouldn't put them on a credit card if I did, but explain where I get that free sandwich from home that I can use to save the $6 on fast food meals!

Re: How The Average Consumer Spends Their Paycheck

dumdedumdum — Sun, 28 Nov 2010 11:58:11 -0000

A way to show this would be to allocate government spending into the same buckets and show that as well. Of course, a decent chunk of govt spending is on infrastructure or social safety net stuff (i.e., social infrastructure) and allocating that would be interesting

Re: How The Average Consumer Spends Their Paycheck

booch221 — Sat, 27 Nov 2010 22:41:33 -0000

I don't get the Rented Dwellings--$2,860 part of the graph. What does that mean? $2860 divided by 12 = 238.33. Are they saying rent is $283/month? Not anywhere I'd want to live!

The $7000 credit card balance is something everyone should work to pay off. I had a friend who had $8,000 in credit card debt that was costing $100/month in finance charges at 16%/month. Meanwhile, she had $8000 in the bank, earning less than 5% interest (this was in 2006). I talked her into paying off the card.

She was worried about not having any savings, but you can always get a cash advance on the credit card and a savings account that COSTS you $800/year is no way to save.

Re: America’s Richest & Poorest Cities

Nomnom80 — Wed, 24 Nov 2010 10:14:34 -0000

Houses are a 'little more expensive' in SJ??? I was born and raised in SJ. My parents bought their little ranch house in the 60's for 20k. They sold it for 800k in 2000 so it's just a little 'more expensive' to live there. I can't afford to live in the city I grew up in or in any decent area surrounding SJ and supposedly my salary makes me middle class. So before you start in on how 'rich' San Jose is, remember it's made up of people who moved from Texas and other places and over inflated the housing market, not natives.

Re: America’s Richest & Poorest Cities

Dkispe00 — Tue, 23 Nov 2010 16:59:21 -0000

Fort Smith, AR not AK.

Re: America’s Richest & Poorest Cities

Dkispe00 — Tue, 23 Nov 2010 16:58:35 -0000

Least educated Fort Smith, AR, not AK.

Re: How The Average Consumer Spends Their Paycheck

Joe J — Tue, 16 Nov 2010 20:46:47 -0000

I think it's interesting that the first line in the article complains about how we spend so much money on food, when we spend less on food (as a percentage of our income) then just about any other country in the world. On the other hand, Americans spend disproportionately more of their income on housing and transportation than most countries. If there is a place we need to cut back, that's where it is, not food. If Americans were more concerned about the cheap crap they put in their stomachs, then healthcare costs wouldn't take up as much of our income.

Re: How The Average Consumer Spends Their Paycheck

Mdofperth — Tue, 16 Nov 2010 19:57:24 -0000

NHKev1: "I assuming taxes are included in the "everything else" category."

Not even close. Taxes are hidden in that they are taken before we get to spend anything, and they also form a substantial chunk of each of the other categories because they are all taxed over and above income tax.

Re: How The Average Consumer Spends Their Paycheck

Mdofperth — Tue, 16 Nov 2010 19:55:09 -0000

That is correct, but it reduces the impact of seeing it as a percentage of expenditure; further, there are tax components to all the other categories shown and it would be useful to see the total tax bill for the average person as a slice of the pie.

Re: How The Average Consumer Spends Their Paycheck

Missing Info — Tue, 16 Nov 2010 17:21:00 -0000

This chart needs student loans attached to it to become even close to accurate.

Re: International Tax Rate Comparison

Billgates — Tue, 16 Nov 2010 11:27:06 -0000

this is income taxes, not corporate taxes

Re: How The Average Consumer Spends Their Paycheck

Mdofperth — Mon, 15 Nov 2010 21:59:10 -0000

You left out government (taxes). The cost of government in the example case is bigger than all the others except housing. If you include all the taxes, like sales tax, on the other items then the cost of government is the biggest, bigger than housing.
Before worrying about what you consume in food, consider if you are getting value for money in government. I know I'm not getting value for money there and the only two parties available both keep making it worse.

Re: How The Average Consumer Spends Their Paycheck

Sdgsg — Mon, 15 Nov 2010 15:14:38 -0000

So let me get this straight. Healthcare costs, at 6% of pay, are too high. But housing prices, at over $1400 per month, are too LOW?!?

What kind of crazy people are we?

Re: The Top 10 Ways Consumers Get Ripped-Off

Michael — Tue, 09 Nov 2010 09:44:17 -0000

It is the legal cost! Major Pharmaceutical companies have to fend off companies who file to bypass the patents of the drug companies the moment the drug is approved. These generic companies try to bypass the required FDA research submissions and cost the major drug companies 100 times that of research. It is cost simply in legal cost. Having worked in the pharmaceutical field for 14 yrs. I have see really how bad it can be.

Re: The Top 10 Ways Consumers Get Ripped-Off

Chip — Tue, 09 Nov 2010 09:00:30 -0000

I once heard and interesting quote about prescription drug costs:

"The SECOND one cost $.01, the FIRST one cost 400 Million...

Re: The Top 10 Ways Consumers Get Ripped-Off

Tontxu — Sat, 06 Nov 2010 21:30:01 -0000

I disagree with #1: Medicines $0.60 is te cost of the active ingredients, but where do you account for the cost of developing them? I am no fan of big Pharma corporations, but your complaint is totally incomplete here!

Re: The Top 10 Ways Consumers Get Ripped-Off

Anon — Sat, 06 Nov 2010 13:17:22 -0000

i will disagree with the prescriptions. sure, the raw ingredients may be worth pennies, but the development costs are astronomical. Scientists, testing, FDA approval, more testing, redevelopment, the cycle goes on for 10 years before a drug makes it to market. That's what the cost is.

Re: How The Average Consumer Spends Their Paycheck

NY120897 — Tue, 02 Nov 2010 22:50:05 -0000

thats very unnerving. if people looked at how much money they were spending, how much stuff they have, and this chart, they would find that they could save mone by doing some eco friendly things. biking saves mney on transportation, growing food saves money on food, less going out and eating out saves money on food and entertainment, not smoking as much or at all aves money, and same for drinking.

Re: How The Average Consumer Spends Their Paycheck

NHKev1 — Sat, 30 Oct 2010 22:34:47 -0000

As Cpalm1217 pointed out that Income (before taxes) and expenses are in the center of the chart
I assuming taxes are included in the "everything else" category.
Given the credit debit and people spend more than they make after taxes, and the net taxes(Federal/State Income) after deductions/credits on $62K would be minimal. Sales/Property and other taxes would likely be more significant.