Thursday, December 17, 2009

This Chart Deserves More Attention

Natasha, as you know came out with a calendar and if you have not ordered it, I recommend you do so (shoot me at e-mail at CAPTcapitalism@yahoo.com).

Sadly we did not reach the 1 million sales mark, even though she is obviously deserving more along the lines of 10 millions in sales.

However, even more deserving than that is this chart right here, which I am now ordering you to forward to people because it is that important of a chart. Forward it to Glenn Beck, forward it to Rush Limbaugh, forward it to liberals who just plain don't get it, but forward it because it is very important.


What this chart shows you is America's economic production over time. It is the rolling 20 year average of RGDP growth and the reason it is a rolling 20 year average is because GDP growth is very volatile and no discernible trend can be seen with the naked eye. However, when you average it out over generations you see essentially a HALVING of our ability to produce.

The ramifications of this are so severe that I am literally stunned so little commentary was made about this and it got such little traffic, thus behooving my re-posting this chart with a little eye candy and basically a direct order you forward this.

1. The obvious fact our ability to enrich ourselves has been halved should be of immediate shock-and-ponder value. This chart alone should trigger people across all political spectrums to ask "Why is this happening" because if it keeps going you can expect the country to not just plateau, but decline. This means we will suffer a decline in our standards of living per capita over the long term.

2. This speaks volumes about the future of Obama-Ponies-and-Puppies-for-All government entitlement programs. Where, precisely, is the economic production going to come from to fund these government programs that are growing faster than the economy. There will come a point that ALL economic production will go to finance medicare and social security, not to mention the debt servicing of our national debt.

3. Pensions? 401k's? IRA's? I dated a rather rich girl one time. She got her job due to her grand-daddy and by no intellectual merit or skill on her own. She make insane amount of coin, kept getting promoted and had banked more money in her 401k plan than I could ever hope to dream. Well the jokes on you guys who have been banking on your pensions and 401k plans. Unless they're invested in gold or foreign countries or something where economic growth is actually occurring, you can expect your pensions to go unfunded when you need to retire. Who knows, by that time rolling RGDP growth will be 0% and you'll then really start to ask about the methods of discounted cash flow to value stocks.

4. Can we please lower the freaking taxes already? You want to spurn economic growth and all you can do is think about spending more government money? Where do you think the real production in this economy comes from? ACORN employees? Government funded art projects? Rebuilding roads that needed to repairing?

5. Can we also please knock it off with the worthless liberal arts degrees and start channelling our children into studies that actually produce stuff? What ever happened to that big push into the sciences back in the 1950's to keep up with the Ruskies? You want to have a nice nursing home? Well too bad, you let your kid major in "art history" on the grounds that "we don't interrupt, we're hands off parents, whatever our child thinks is gold" and now he can't even afford the rent on his coffee barrista income let alone the gas to come pay you a visit because he's taxed at a 60% rate on a dwindling $27,000 per year income.

Sorry, sorry. I have to keep telling myself, I don't control this. I can't get excited about this. There's nothing I can do when the masses are so ignorant. All I can do is play video games, drink heavily and listen to some Lawrence Welk.

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