s we pop the corks of our proverbial champagne this weekend with an eye to a better year ahead, perhaps it is worth thinking about these 11 incredible trends that have evolved in a rather disturbing manner over the last 11 years. As John Lohman points out, the 21st century has not been pretty for ongoing centrally planned attempts to defer the 30 year overdue mean reversion.
posted on 12/31/2011 1:58:04 AM PST
Labor Force participation is especially disturbing.
Down, from 67% to 64%.
To put that in perspective, about 140 million people were employed in 2000.
About 140 million are employed today, in 2011.
Unfortunately, USA population increased by 30 million, most of that from legal immigration.
The Social Security and Medicare Ponzi schemes cannot survive for long with a trend like that.
No one will be stupid enough - or desperate enough - to move here.
Perfect Issue Ads for the comming election, ending with “Are you better off now than you were four years ago?”
All candidates should be held to the answer.
posted on 12/31/2011 4:31:10 AM PST
The stlouisfed.org site seems to be not responding
could it be that too many people are looking at bad trends?
I was impressed by this one, illustrating the systemic dishonest of government statistics:
posted on 12/31/2011 8:07:31 AM PST
by Atlas Sneezed
(Author of BullionBible.com - Makes You a Precious Metal Expert, Guaranteed.)
sooo...basically the Feds are paying off the crowds with debt...to mask their interference/ineptitude with respect to job growth
posted on 12/31/2011 8:16:17 AM PST
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