To: kristinn
The blue line represents the GDP adjusted by an inflation rate that measures the cost of a set standard of living, not a declining standard of living.
Just image if government spending were removed!
20 posted on
07/27/2012 7:11:45 AM PDT by
khelus
To: khelus; All
Great chart! Thanks!
There are a lot of things now that are at or near 1 to 2 %, IMHO.
For example: 10 year Govt. Bonds, Inflation rate, GDP, Federal money supply, etc.
By cursory inspection, all things added together is approximately Zero, flat, stagnant.
Your blue line shows that about 1 % GDP loss per decade has been occurring since 1985.
Thus, we need to be thinking and writing about the cause of this long term trend as well as the sorry economics of Obamanation.
24 posted on
07/27/2012 7:43:06 AM PDT by
Graewoulf
((Traitor John Roberts' Obama"care" violates Sherman Anti-Trust Law, AND the U.S. Constitution.))
To: khelus
Shadow statistics is a great site. I think the manipulation of the GDP figures by understating inflation began with Johnson.
33 posted on
07/27/2012 9:01:56 AM PDT by
Sam Gamgee
(May God have mercy upon my enemies, because I won't. - Patton)
To: khelus
The media keeps saying there is growth. NO Way as you show if you take inflation into account there is a depression. So inflation is now growth to these liars. If things cost 10% then we grew by 10% according to these propagandists.
You should send this to Rush, Drudge etc.
Because of inflation you can see there is just great decline not growth. We are in a depression.
So just keep printing more money and consumers spend that and use inflation and call that growth. And the media doesn't point this out so the will get elected again.So when this monopoly money is worth 50% less then they say growth is 200% . these lying morons the media have no shame and they fool the sheep into voting.
Also if you add population growth , take away government spending and borrowing and printing money , welfare etc. you see we are not producing but in a great depression.
Also what they call the economy or GDP, almost all of that is consumer spending and then they say government spending is also part of GDP . And it's all in dollars. NO the economy should be what Americans actually produce in constant dollars not inflated dollars and adjusted for population growth to see if economy is really growing.
35 posted on
07/27/2012 9:55:17 AM PDT by
rurgan
(Sunset all laws at 4 years.China is destroying U.S. ability to manufacture,makes everything)
To: khelus
As we can see from this graph . If you take inflation into account then we are in a depression -2% GPD not 1.9% growth. But the media lies.We should keep posting this graph. There is no economic growth because the liars in the media don't take inflation into account. So things costs 10% more which is bad and lowers our standard of living and so they say consumers are spending 10% more and so we have “growth” . Inflation is not growth. They keep printing money and borrowing which lowers the value of money and to call this growth is the biggest lie ever
36 posted on
07/27/2012 10:02:14 AM PDT by
rurgan
(Sunset all laws at 4 years.China is destroying U.S. ability to manufacture,makes everything)
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