J. DowdJournal

Developed Nations Social Welfare Ratings

Only Mexico, Chile and Turkey have higher income inequality index (Gini Coefficient: Wiki Reference.

Global Warming Theories Converting Skeptics

Deindustrialization and Credit Level

The table below shows clearly that as industrialization waned, household credit increased. My explanation is that this is what Deming predicted. As wealth creation stopped, U. S. citizens, used to ever-increasing standard of living, turned to credit to finance their lifestyle choices.

Use of Filibuster Since 1919

The Republicans have subverted the Constitution by wildly expanding use of the filibuster

Unemployment Rate 2008 – 2010

Data is from the Department of Labor

Income Distribution 1917 to Present

This is self-explanatory. The root of many problems and more to come. (Click on image to enlarge)

Income Distribution1917 - Present

Congressional Budget Office/Debt Crisis

The debt/deficit crisis including effect of the recession:

Debt Crisis

This cannot be emphasized enough. To consider solving debt crisis without additional revenues is absurd.

Life Expectancy and Income

Note that increases in life expectancy increase rapidly and then level out. (Click on image to enlarge). This indicates that in the developing world there is a strong relationship between growth in income and life expectancy, but once a certain level is reached (around 70 years), the curve flattens out and further increases in income don’t seem to lead to greater life expectancy.

Debt Deficit Crisis

From NY Times.

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