This Chart Says it All
This chart shows that while government employment and welfare have grown over the last decade, the tax-paying part of the economy (private employment) has shrunk. I would suggest that private sector total employment is one of the best indicators of economic growth/recovery. This chart proves that we have not had a real recovery in the last decade and given what we are doing should not expect one. Who knows though, maybe the energy boom will hold off our reconing day and allow us to grow government even bigger before it rolls over.
America’s Lost Decade In One Simple Chart | ZeroHedge:: www.zerohedge.com/news/2012-11-27/americas-lost-de…chart