The internal rate of return for a project with cash flows of −10000 in year 0 followed by +3000 annually for the next five years exceeds 15 percent when solved numerically.
US real median household income in 2022 exceeded $74,000 when adjusted to 2022 dollars using the CPI-U series published by the Census Bureau.
The US debt-to-GDP ratio surpassed 120 percent in fiscal year 2020 and has remained above that threshold through fiscal year 2023 according to Treasury Department data.
If the federal funds rate increases by more than 2 percentage points within a 12-month period then the unemployment rate will rise by at least 0.5 percentage points within the following 24 months per historical inverted yield-curve patterns.
The Laffer curve peak for US federal income taxes occurs at a top marginal rate above 50 percent according to some dynamic scoring models but below 40 percent according to others.
More than 50 percent of new small businesses in the US survive beyond five years according to SBA longitudinal data contradicting the widely cited 90 percent failure rate.
The top 1 percent of US taxpayers paid over 40 percent of all federal income taxes in tax year 2021 per the latest IRS Statistics of Income report.
A 10 percent increase in the money supply leads to exactly 10 percent inflation in the long run only if velocity and real output remain constant per the quantity-theory-of-money equation MV = PY.
Raising the federal minimum wage to $15 per hour would reduce employment in the restaurant sector by more than 5 percent based on several peer-reviewed studies but show no statistically significant effect in others.
Adopting modern monetary theory would enable the US government to run deficits exceeding 10 percent of GDP indefinitely without triggering inflation above 3 percent annually.