Live Better Than Ever
A. WW 1 Began Middle Class Wealth Accumulation
Editor's Notes: The author of this source
has a different interpretation of data.
Accumulation Began Much Earlier
U.S. Data is needed.
U.S. Great Recession/Recovery
much economic growth on
very very wealthy.
C. More Goes to Consumption
Investment is down,
Editor's Note: IMF data
always makes me nervous!
Fixed Investment is down but very high quality STEM education
is now a more important replacement.
want more G for infrastructure.
All politicians are buying votes.
Some politicians want to increase G for education.
Some want more G for entitlements.
Some want a more G for the safety net.
Some politicians want to more G for defense.
Until economic growth picks up, all sectors will increase debt.
Politicians, the Media,
Professionals Can/Have Made
Much Money, Power and Earned Peer Respect
by Influencing/Creating Negativity!
Editor's Note: Knowing how the US poorly measures
I wants someone to determine exactly how well our poor live now
and have lived in the
U.S. STEM Compared
Internationally 2007 vs. 2015
Postscript: We Used Debt to Pay for
1. Revolutionary War
2. The Civil War
3. WW 1
4. Great Depression Poverty
5. WW 2
5. War on Poverty
Today We Spend It On All Voters
Spending Creates Happy Voters Who Vote for Incumbents
U.S. Has Succeeded Using Inflation
and Economic Growth to Postpone Economic Pain.
People loved dot-com companies until
They loved credit default swaps until they blew up.
Now, with low interest cost, they love cash-burning companies.
“When the music stops, in terms of liquidity, things
will be complicated."
Chuck Prince on debt-fueled private equity deals before the economy
Other US Governments May Have to Cut
Infrastructure Will Battle
The years 1968, 1969, and 1970 had many
the early baby boomers moving into their 20’s;
of Martin Luther King Jr. and Robert Kennedy;
the beginning of the women’s
movement; the draft, the bombing of Cambodia,
and unrest on college campuses;
Did any of these increase the impatience of the country in a
There are likely stories that could be woven, undoubtedly more
but it is unclear whether anything could be tested.
The question is
probably too big, but the fact is interesting.
World Getting Better video
Child Labor Photos
Longer-Term Economic Questions
The Bottom Bottom Line