Figuring out the future and the now

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Yes the US government is part of the problem

Just not in the way some readers want to think. Check out the shocking graph of government employment in the middle of the worst period of financial performance since the Great Depression.

(The sharp spike has nothing to do with stimulus an everything to do with temporary census employment.)

The US Government is contributing massively to US unemployment

[I’ve been asked to include a graph on total expenditure rather than just employment. Ok then.]

Same story – real (inflation adjusted) US Government spending is down.Â

 


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