Thursday, April 19, 2012

Professor Elmo explains the National debt in 1 graph


Its incomes that matter. Its incomes that pay the mortgages and supports small businesses. Not GDP. Government expenditure, however it is misspent, is incorporated into the GDP. But have the US citizens been helped? No. Increasing the national debt by 54% in the last 42 months has not had any affect whatsoever on income per capita. And thats in nominal terms. Add in inflation, and they're actually worse off than they were in 2006. To the tune of about 12%. 

Elmo cant make it any more obvious!

7 comments:

  1. You completely match our expectation and the variety of our information.
    Pay off debt

    ReplyDelete
  2. I am sure you have a great fan following out there.
    rx medication program

    ReplyDelete
  3. The quality of information that you are providing is simply marvelous.

    ReplyDelete
  4. I would never want to miss out any opportunity to read out your contents.
    payday advance loans

    ReplyDelete
  5. I love that masterpiece that makes my wearing precise with new sensational garb. Resident Evil 6 Jacket Visit this.

    ReplyDelete
  6. You really make it seem so easy with your presentation but I find this topic to be really something which I think I would never understand. It seems too complicated and very broad for me. I am looking forward for your next post.
    web design baroda

    ReplyDelete
  7. We are Leading Website Design, Desktop & Mobile Application Development, Search Engine Optimization and Internet Makreting Services Provider Company in Vadodara, Baroda, Gujarat, India - Our team of IT professionals develops fully functional, highly interactive applications for entrepreneurs and companies that automatically become an asset to any business. Using our wide range of experience and the latest development technologies, we will focus on managing your different project from conceptualization and creation to full development and implementation. Software Developers in Baroda

    ReplyDelete