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America's Lost Decade In One Simple Chart
Zero Hedge ^

Posted on 11/28/2012 6:37:18 AM PST by Perdogg

Forget the stock market's dismal decade of much-ado-about-nothing and ignore the USD Dollar's declination; when it comes to reflection on what this once great nation has 'created' since 2001, the following chart from Pennsylvania's Department of Public Welfare sums it up better than most.



TOPICS: Business/Economy
KEYWORDS:
Notice the curve of the charts after 2007.

1. Food stamp enrollment was decresing between 2006 and 2007 and took off after 2007 - why? What happened in January of 2007?

2. Private employment was going up between 2006 and 2007 - After January 2007 started to go down - What happened in January of 2007?

3. Govt employment was going down between 2006 and 2008 -After January 2007 started to trend upward - What happened in January of 2007?

4. Medicare enrollment was going down between 2006 and 2007 - After January 2007 wnet up - What happened in January of 2007?

1 posted on 11/28/2012 6:37:21 AM PST by Perdogg
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To: Perdogg

That’s amazing and that’s just the state of PA. I’d like to see a national chart.


2 posted on 11/28/2012 6:48:54 AM PST by b4its2late (A Liberal is a person who will give away everything he doesn't own.)
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To: Perdogg

Yes, but foodstamps still went up nearly 60% from 2001 to 2007.

I have decided we live in a Progressive society - R or D after a politician’s name means very little difference. People 200 years from now looking back and writing our history will see a clear uniformity of thought in the nation and its leadership.


3 posted on 11/28/2012 7:04:49 AM PST by PGR88
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To: Perdogg

I hope those are rhetorical questions. :) Because I know all freepers know who took over congress in Jan ‘07. :)


4 posted on 11/28/2012 7:04:52 AM PST by Marie Antoinette (:)
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To: Marie Antoinette

Yes I knew. :)


5 posted on 11/28/2012 7:17:45 AM PST by Perdogg (Rep. Tom McClintock (R-CA4) for President 2016)
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To: Perdogg

Santa Claus came to town in Jan. ‘07, with a female Boxtoxed gnome to guide his sleigh filled with spending schemes and IOUs.

It was the beginning of the financial crash in the USA, but no one cared as long as they could get the free stuff.


6 posted on 11/28/2012 7:41:57 AM PST by txrefugee
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To: Perdogg

We need to recapture what’s left of the pride of our public. The reason we lost the election is that we have lost our culture. We reverse that by changing the culture, and that means we have to appeal to people’s pride.

For starters, I think we need to characterize Obama as “Food Stamp Bammy,” the same way Clinton was termed “Slick Willie.” Unfortunately, deep arguments don’t work with most Americans. Mockery and shame will.


7 posted on 11/28/2012 7:45:46 AM PST by keats5 (Not all of us are hypnotized.)
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To: keats5
How about....

ObamaPhony / ObamaFony

Covers a coulple of points.

8 posted on 11/28/2012 7:55:54 AM PST by Aevery_Freeman (The trouble with the "masses" is that they never achieve the "m")
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To: Perdogg

Rats taking Congress in 2007, an inflection point in the US economy.

Definition of ‘Inflection Point’

An event that results in a significant change in the progress of a company, industry, sector, economy or geopolitical situation. An inflection point can be considered a turning point after which a dramatic change, with either positive or negative results, is expected to result. Companies, industries, sectors and economies are dynamic and constantly evolving. Inflection points are more significant than the small day-to-day progress that is made and the effects of the change are often well-known and widespread.


9 posted on 11/28/2012 8:06:15 AM PST by MrB (The difference between a Humanist and a Satanist - the latter admits whom he's working for)
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To: Perdogg

It was up over 50% from 2001 - 2007. Plenty of blame to go around.


10 posted on 11/28/2012 8:10:30 AM PST by listenhillary (Courts, law enforcement, roads and national defense should be the extent of government)
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To: Perdogg

“What happened in January of 2007?”

Democrats gained control of Congress. Nancy Pelosi, Harry Reid, etc., etc.

AKA the car-of-state was driven into the ditch. And they’re still “digging our way out” (actual Dem quote).


11 posted on 11/28/2012 8:11:56 AM PST by Justa
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To: Perdogg

Obama hit the afterburner, didn’t he?


12 posted on 11/28/2012 8:30:20 AM PST by Baynative
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To: b4its2late

Pennsylvania has more voters than citizens. I wonder if the same holds true for subsistence recipients.


13 posted on 11/28/2012 8:37:05 AM PST by Baynative
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To: Perdogg

It’s not only what happened as of January, 2007, but 2008: the recession. Notice that as a whole, 2007 was still improving. It’s 2008 when the SHTF. But then, you’re thinking of the Democrat Congress, and, of course, their tax hikes pricked the bubble that caused the recession.

Also: Food stamp enrollment was probably surging prior to 2006 precisely because welfare was ending.


14 posted on 11/28/2012 8:39:06 AM PST by dangus
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To: MrB

“Rats taking Congress in 2007...”

thats whats called buying the vote..right there!!!


15 posted on 11/28/2012 8:45:24 AM PST by mo (If you understand, no explanation is needed. If you don't understand, no explanation is possible.)
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To: keats5
that means we have to appeal to people’s pride.

Recently watched Ken Burns' Dust Bowl documentary and the people living in that time and place were portrayed as hard-working, independent, beaten down by the elements and the depression, yet despite their crushing circumstances, actually ashamed to take government handouts. The very idea was an affront to their pride (and it was an embarassment to them that their neighbors might find out).

My grandmother had that same pride. She never wanted to take government handouts, even the ones she was "entitled" to.

That sense of personal pride is not to be found in today's grifter class (the homegrown grifters along with the illegals on the dole). They're out for everything they can get at someone else's expense, and they have no shame about it.

16 posted on 11/28/2012 9:22:19 AM PST by BlatherNaut
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To: keats5
"...characterize Obama as “Food Stamp Bammy,”

I still like the little girls "Broncho Bamma.

17 posted on 11/28/2012 12:27:18 PM PST by OldEagle
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