[jonose]

Without accounting for the devaluation of the dollar his analysis is flawed. Yes consumption in dollars has increased but the price of those items has increased as in a gallon of gas.

[Vermont Lt]

The basis of all of this stuff needs to be tagged to inflation. You can use the government’s CPI, or you can use Gold. While there is a speculative nature to Gold, there is also the inability to hide things like the devaluation of the dollar which has been done quietly—but whose impact is great.

[Dead Corpse]

Came here to look for that. Also, he still includes government spending in GDP instead of as a net cost. This will skew the numbers every time...

Also, no mention of National credit downgrades and record numbers on some form of welfare.