patrick.net

Not sure if you don't count China, Japan, Germany and Mexico as part of "our" economy, sigh

http://www.census.gov/foreign-trade/top/dst/current/deficit.html

The dominant problem is that productivity gains since 1990 have been siphoned off into the housing and healthcare rent-seeking sectors.

shows household median income is up 70% since 1990 but per-capita housing has more than doubled and healthcare has tripled.

A large part of the healthcare rise has been aging boomers (the tail end was still in their late 20s in 1990) but still.

Every time you put money in, it causes, a, deposit friction. Gotta get some fiscal lube in there.

http://www.youtube.com/embed/8lwjRvqmO1A