Historical Perspective

This page is ruff but not that tuff. Just a placeholder with a jumble of stuff in it that will get whipped into shape as time permits.

Dimensions of analysis:

New business formation rate per capita. Cost of HH formation: education, housing, health care in real terms.

Composition of GDP by sector, across time, focus on Ag, transport, mfg, mining and raw mat’ls (real economy) then services, gov’t sector esp. Defense and Entitlements, FIRE (derivative / parasitic economy)

Debt at HH, local, state, national and commercial debt. Quality of comm’cl debt (hi-grade to junk). Stock market price-to-earnings ratio.

Trade and foreign investment.

Foreign policy. Who’s the enemy today, and why?

Globalization parameters. Quantity and type (raw mat’ls, fin products, and type of trading partner ( post-war basket-cases, colonial expropriation targets for raw materials, asia tigers, then china, for ex. Show the progression.

Talk about the “opening of China”. Fly onthe wall @ the Kissinger conversation heard what, exactly? That was a “inflection point” conversation.

======= Rest of stuff below is bits and bobs that might be integrated usefully.

Today the U.S. economy produces and consumes about $15 trillion worth of products and services each year. Our labor force is allocated to the following industries:

Graph goes here.

As you can easily see in the chart above, it only takes about (some percentage) of the workforce to provide the basic necessities of food, shelter, energy, and transportation.

By contrast, health care consumes nearly 20% of GDP, and the Finance and Real Estate sectors of the economy account for another 30% of GDP.

Government services consume most of the remaining national effort each year.

Maybe put in some historical perspective, with “Then” and “Now” grid or table or pie-chart to emphasize that things weren’t always like this.

Also show population, debt public and private, money supply, value of dollar, balance of trade then and now.