Mainecoons
09-21-2014, 08:36 AM
http://www.zerohedge.com/news/2014-09-20/decline-americas-economic-model-1-simple-chart
http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2014/09/20140917_chart.jpg
The choice, by Greenspan and carried on by his followers, was to enable the financialization of the US economy for the benefit of the few, at the cost of the many. As Irwin concludes, and we explained previously (http://www.zerohedge.com/news/2014-09-16/are-these-people-whose-confidence-conference-board-polls), Americans feel disappointed by the economy; the new data show that they have good reason.Source: NY Times (http://www.nytimes.com/2014/09/17/upshot/you-cant-feed-a-family-with-gdp.html?_r=0&abt=0002&abg=0)
http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2014/09/20140917_chart.jpg
The choice, by Greenspan and carried on by his followers, was to enable the financialization of the US economy for the benefit of the few, at the cost of the many. As Irwin concludes, and we explained previously (http://www.zerohedge.com/news/2014-09-16/are-these-people-whose-confidence-conference-board-polls), Americans feel disappointed by the economy; the new data show that they have good reason.Source: NY Times (http://www.nytimes.com/2014/09/17/upshot/you-cant-feed-a-family-with-gdp.html?_r=0&abt=0002&abg=0)