This chart from Real Investment Advice is quite interesting – – it illustrates how $43 trillion in cumulative government “investment” in the economy has yielded $5.7 trillion in real GDP growth. In other words, for every dollar the government “invested”, 13 cents of good came out of it. This goes a long way to explaining why we’re $34 trillion in debt, and it’s only going to get bigger by the second. It’s all for the simulacrum of prosperity.
The stock market has never been higher. Look out your window. Does the world seem like it’s never been better? Yeah, that’s what I thought.