Posted on 10/21/2013 1:15:41 PM PDT by whitedog57
There are clear headwinds for economic growth in the United States. Here is one chart that combines several economic indicators that are decelerating.
decelnation
First, the M1 Money Multiplier (white line). It was over 3.0 back during the Reagan Recovery in the 1980s, but it has been all downhill since then. It is currently below 1.0 at 0.721.
Second, the M2 Money Velocity (red dashed line). It peaked in 1997 during the Clinton Recovery and has been pretty much downhill ever since (with the exception of 2003-2006).
Third, labor force participation (green dotted line). It peaked in March 2000 and has been falling ever since (with the exception of 2004-2006).
Fourth, real median household income. It peaked once during 2000 and then again in Q4 2007. And then it has been all downhill from there.
Any wonder why the mortgage market is so slow to recover? The yellow dashed line is the MBA’s mortgage purchase application index.
onechartmba
I suggest we try a different approach that allows real incomes to rise.
it’s because of George Bush and racism.
Exactly. 0bamacare sucks huge amounts of cash out of people's pockets, to go down the black hole of bureaucratic waste.
We're in for a rough ride.
If the Republican FAILURE to shut down 0bamaCare and the Federal Government has any silver lining, it is that the coming crash cannot be blamed on their shutdown. It is going to be plainly 0bamaCare's fault.
Scary Shit!
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.