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

Advertisements
Explore posts in the same categories: Uncategorized

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s


%d bloggers like this: