Letter to the editor: Math, facts on our economy

Two universally acknowledged truths resonate with the reasonable:

1. As my information changes, so do my views.

2. Math is not an opinion.

Consider these easily verifiable facts:

In the past four years, the U.S. economy has added 18.5 million jobs, comparing starkly with the loss of 5.3 million jobs in the preceding four years.

During the same period, the unemployment rate plummeted by over 47%, contrasting sharply with the 78% increase in the previous four years.

The Dow Jones Industrial Average has surged by 39%, the Nasdaq by 44% and the S&P 500 by 41% over the past four years, outpacing the current inflation rate of 3.1%. This ratio of growth to inflation has never been more favorable in any four-year span.

Furthermore, the U.S. deficit in 2023-24, even with a massive $120 billion increase in annual interest on the national debt, is still a massive 45% cut from the record-breaking deficit of four years ago.

I refrained from injecting any personal opinions. Math and facts speak for themselves. Fools scoff at facts disagreeing with their opinions. The reasonable embrace facts to reform theirs.

If you were already aware of these facts, great! If not, don’t just take my word for it. Verify the facts and math yourself. As your information changes, so should your views.

William Werts Jr.

Greensburg