"The Public Be Suckered†is (1) these histories,
and (2) keeping them out of sight. (See latest magnitudes, and
earlier extremes, in table at end.)
SUMMARY
This page shows multiple track records of collective economic foolhardiness by the USA people. These pasts are nearly never shown to the people by the powers that be. This allows ignorance instead of learning, and it enables further fooling of the people.
First two charts Stocks and homes are assets priced in US$ -- so, their soundly shown price histories are inflation-adjusted ("real"). But such are seldom seen, because: Well apparent therein are our nation's serial, massive mispricings. Recently and unprecedentedly, both have been contemporaneously far above extrapolated history.
Third chart Contemporary with the preceding have been (1) the downward drift of the personal saving rate for three decades (11%→3%), and (2) the accompanying doubling, over two decades, of the household debt/income ratio after 25 years in the narrow range 0.51 - 0.60. "More consumption now!!"
Fourth chart The preceding two traces of annual data each broke trend after 2007, coinciding with a huge jump in U.S. governments' debt, shown here. "Recent debt jump is 2/3 of that for World War II".
Asset price histories that look like cocaine intoxications: (And a recent Dow day is here.)
The MEDIA KNOW HOW:
Wall St. Journal
NY Times 8/2006
The Public Be Suckered, Magnitudes(Data are avgs for calendar yr/qtr/mo shown) Ought Ought Recent To Have Latest→To Be*ChangeExtreme→Been*Change
Real 67.7 54 20% drop 100 54 46% drop Homes 2014Q12006Q1 price
Real 105.7 50 53% drop 100 40 60% drop Dow 6/20141/2000 price
Personal 4% 11% Tripling 3% 11% Quadrup- Saving 20132007 ling
Debt/ 0.92 0.56 39% drop 1.13 0.56 50% drop Income 20132009
Debt/ 1.0 0.6 40% drop 1.0 0.6 40% drop GDP 20132014 was 0.6 0.6 NONE! in 2007 *From extra- polated histories (First 2 URLs above)
OBSERVATION Of the 11 data in the table, only one equalled its target, or was even close: federal Debt/GDP = 0.6 in 2007. Now it is 1.0, and needing a 40% drop to reach 0.6 target. Monumental USA penalty, earned!
"The Public Be Suckered†is (1) these histories,
and (2) keeping them out of sight. (See latest magnitudes, and
earlier extremes, in table at end.)
SUMMARY
This page shows multiple track records of collective economic foolhardiness by the USA people. These pasts are nearly never shown to the people by the powers that be. This allows ignorance instead of learning, and it enables further fooling of the people.
First two charts Stocks and homes are assets priced in US$ -- so, their soundly shown price histories are inflation-adjusted ("real"). But such are seldom seen, because: Well apparent therein are our nation's serial, massive mispricings. Recently and unprecedentedly, both have been contemporaneously far above extrapolated history.
Third chart Contemporary with the preceding have been (1) the downward drift of the personal saving rate for three decades (11%→3%), and (2) the accompanying doubling, over two decades, of the household debt/income ratio after 25 years in the narrow range 0.51 - 0.60. "More consumption now!!"
Fourth chart The preceding two traces of annual data each broke trend after 2007, coinciding with a huge jump in U.S. governments' debt, shown here. "Recent debt jump is 2/3 of that for World War II".
Asset price histories that look like cocaine intoxications:
(And a recent Dow day is here.)
Longtime overconsuming:
Recent debt jump is 2/3 of that for World War II:
http://www.showrealhist.com/RD_RJShomes_PSav.html
http://www.showrealhist.com/debtGDP_whys.html
The MEDIA KNOW HOW:
Wall St. Journal
NY Times 8/2006