Spending by government currently amounts to about 45 percent of national income. By that test, government owns 45 percent of the means of production that produce the national income. The U.S. is now 45 percent socialist.
Simply raising fuel economy standards for passenger cars and light trucks to 33 miles per gallon would eliminate our oil imports from the Persian Gulf.
Oil is essential for a modern, industrial society. It's unique, first of all, because it's the primary source, at 40 percent, of the world's entire supply of energy, and it's irreplaceable in the transportation field; it provides 98 percent of world transportation energy.
It's important to understand that oil and renewables do different things. Wind and solar are for power generation, so they don't replace oil. About 70% of all oil produced is used for transportation fuel. Renewables are good projects, but they don't get us off of foreign oil.
We consume about 25 percent of the world's oil every year, but we only have reserves, including that which has not been pumped, of about 3 percent of the oil reserves in the world.
We all know we have a problem, a broad problem. Ninety-eight percent of the fuel that is used by our vehicles, our autos and trucks for personal and commercial purposes, for highway and air travel operates on oil. The world has the same problem.
We consume about 25 percent of the world's oil. We only have 2 percent of the reserves.
Long ago when I went to college, campuses were about 70 percent male, and until 1970, it was still nearly 60 percent.
There are war-torn countries, people full of poverty, who still voted, 60, 70 percent. If here in the United States of America, we voted at 60 percent, 70 percent, it would transform our politics.
70 percent of Turkey?s citizens favored the EU; today it is only 50 percent. If you ask if they want Turkey to become an EU member, 60 to 65 percent still say yes. But if you ask: Do you believe Europe will accept Turkey, 60 percent say no.
If you want to survive Ebola, you need to be young. If you're in your late 30s, the death rate is about 80 percent, and if you're over 45, then the death rate goes up to about 90 percent.
We're shooting 100 percent - 60 percent from the field and 40 percent from the free-throw line.
Working families spend about 90 percent of their income on consumption - buying stuff. The rich spend less than 45 percent.
Human beings only use ten percent of their brains. Ten percent! Can you imagine how much we could accomplish if we used the other sixty percent?
As you know, in this country Anglo-Americans are about 75 to 76 percent home ownership in this country, where Hispanics, African Americans are less than 50 percent.
We own 18 percent of just the PC business. Now that's only about 60 percent of our business today.