A collection of musings on the world, morality, econ, politics, God, life and whatever I find interesting at the time.
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Thursday, September 01, 2011
The Road From Capitalism to Socialism
After decades of the government (which destroys wealth) becoming a larger part of the economy while the private sector (the one that creates wealth) shrinks, this graph is about to complete what dirty minded technical analysts refer to as a "phallyic" chart pattern. The "shaft" part of the formation began in the 1960s and things turned even worse after the "head" formation began to be traced out after the 1990s.
Now with government spending about to cross over and become more of the economy than private spending it will complete the phallyic formation. It's only fitting that this chart has drawn out the shape of a penis after all these decades because now, due to all this government involvement in the economy, the US is good and truly screwed over.
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