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The American 'Recovery' In 1 Chart

Tyler Durden's picture




 

If this is the 'recovery' just what will the next recession look like?

 

 

Chart: Bloomberg

 

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Sun, 10/04/2015 - 20:19 | 6629474 MD
MD's picture

A chart mashup between "millions of Americans" and "percentage of Americans."  Wut???

Should be a comparison between "percentage of Americans on foodstamps" vs "percentage of Americans in the labor force."

Sun, 10/04/2015 - 20:44 | 6629544 Son of Loki
Sun, 10/04/2015 - 21:28 | 6629654 Shocker
Shocker's picture

Its hard to justify that chart

Layoff List: http://www.dailyjobcuts.com

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Mon, 10/05/2015 - 00:03 | 6629942 pretty bird
pretty bird's picture

America will come back.  There's no doubt in my mind.  It might take another decade.  But she will emerge victorious.

Mon, 10/05/2015 - 00:12 | 6629954 Government need...
Government needs you to pay taxes's picture

Looks like the CIA is beginning to hand out the good hopium.

Mon, 10/05/2015 - 02:37 | 6630098 A Nanny Moose
A Nanny Moose's picture

I'll have what he's having.

Mon, 10/05/2015 - 03:38 | 6630152 Squid-puppets a...
Squid-puppets a-go-go's picture

that chart looks like the chicken wishbone of death

Mon, 10/05/2015 - 06:31 | 6630253 negative rates
negative rates's picture

Hope almost always ends in failure.

Mon, 10/05/2015 - 08:08 | 6630347 ZippyDooDah
ZippyDooDah's picture

Always in the future, hope is. The present, not so much.

Mon, 10/05/2015 - 05:44 | 6630218 August
August's picture

>>>America will come back.

A metric fuck-ton of people don't want "America" back.

Including a hell of a lot of Americans.

Mon, 10/05/2015 - 06:32 | 6630255 Arnold
Arnold's picture

I always enjoyed the thrill of learning  and living in a foreign country.

This past few years are the first time the experience has come to me.

Mon, 10/05/2015 - 06:30 | 6630252 negative rates
negative rates's picture

Not without a lot of people dying first, probably yourself included.

Sun, 10/04/2015 - 20:51 | 6629564 junction
junction's picture

Obummer and his congressional running dogs of both parties couldn't care less, these degenerates in suits see the TPP nearing passage.  The only thing now blocking the TPP passage is whether Big Pharma gets additional years of exclusivity on its overpriced and mostly worthless drugs.  Once TPP gets passed, Senator Orrin Hatch can retire from Congress and buy that multi-million dollar coastal retreat in Southern California using the deferred kickback payoff he will get from Big Pharma's lobbyists. 

Sun, 10/04/2015 - 22:15 | 6629774 Ataxic Press
Ataxic Press's picture

CLose enough, if you think of it as a marketing graph: "4 out of 5 dentists," and whatnot.

Mon, 10/05/2015 - 11:33 | 6631050 dogbert8
dogbert8's picture

It's a Common Core chart.

Mon, 10/05/2015 - 11:42 | 6631088 Deres
Deres's picture

Such graphics means nothing ...

You could put together the ananas production and the unemployement on a well chosen period and scale and pretend hawaians are destroying the american economy !

Moreover, we can see on the same graphic that the number of people on food stamp is stable while the population is growing which is the contrary of the interpretation.

Mon, 10/05/2015 - 11:42 | 6631089 Deres
Deres's picture

Such graphics means nothing ...

You could put together the ananas production and the unemployement on a well chosen period and scale and pretend hawaians are destroying the american economy !

Moreover, we can see on the same graphic that the number of people on food stamp is stable while the population is growing which is the contrary of the interpretation.

Sun, 10/04/2015 - 20:20 | 6629482 SHsparx
SHsparx's picture

I reall wish you'd link to that bloomberg article.

Sun, 10/04/2015 - 20:30 | 6629508 Oldwood
Oldwood's picture

What people really need is a recovery of their brains.

Too many will go along with about anything, as long as TV keeps working.

Sun, 10/04/2015 - 20:35 | 6629525 will ling
will ling's picture

feminism has sapped the west of vitality. it's done.

Sun, 10/04/2015 - 20:47 | 6629549 Johnny_Dangerously
Johnny_Dangerously's picture

sounds like a guy who can't get laid.

what an idiotic assessment.

Sun, 10/04/2015 - 21:06 | 6629595 Bananamerican
Bananamerican's picture

I'm gettin' laid (2 kids to show for it)...

I'm not going to argue the man's point....
Lefty skews PC fembot™ fascist (think "Nurse Ratched")

and while womyn haven't completely taken over the joint, as long as the corrupt old boys network get to keep on grafting with the MIC et al, they are quite happy to let the Fembots work out their own version of Power Madness in their own bully-ragging way.

As I've said to the wife many times: "If women ruled the world it would STILL be a recognizably hellish place, men would simply be either enforcer class or victim class"

Sun, 10/04/2015 - 21:29 | 6629655 cheech_wizard
cheech_wizard's picture

Tell me it's not... Look at the women in Obama's administration (including those that have left). Indeed the world is a hellish place.

Standard Disclaimer: It's a toin coss for me. Corruption vs. outright incompetence. I never would have believed you could get both in the same package and not see jail time.

 

Sun, 10/04/2015 - 22:18 | 6629789 Bazza McKenzie
Bazza McKenzie's picture

Remember the RPT ("Responsibility to Protect") nonsense put out by Clinton, Rice, Powers and their hangers on to "justify" tearing Libya apart and making a stable, secular and fairly affluent country into a dangerous, poor place in continual conflict -- and all done without serving the interests of the US, as a country, in any way.

Mon, 10/05/2015 - 03:44 | 6630158 Squid-puppets a...
Squid-puppets a-go-go's picture

i for one remain utterly unclear what the pervasive corruption of an empire in decline have upon the capabilities of the leadership of any gender, sexuality or ethnicity

anyway, before we can get a truly objective take on the comparative leadership abilities of women, we'd need to assess the state of the Union after 44 consecutive female presidencies. 

Mon, 10/05/2015 - 05:47 | 6630221 August
August's picture

At least we saved Rwanda and Kosovo.

Mon, 10/05/2015 - 07:07 | 6630289 hyperbole2000
hyperbole2000's picture

It was paybck to Gahdaffi for shooting down an airliner. With that single crimina; act he lost any chance of a retirement plan. rge west just waited for the opportunity to arise.

Putin took notes and is not planning on retiring anytime soon.

Mon, 10/05/2015 - 08:23 | 6630383 Oquities
Oquities's picture

please... Libya needed a new central bank rather than a gold-backed pan-African dinar

Mon, 10/05/2015 - 02:42 | 6630102 A Nanny Moose
A Nanny Moose's picture

How so? The rate at which everything started going to shit, began to accelerate after we gave wyminz that which they already had...a voice in politics.

Any man claiming to be a femenist is simply trying to get laid.

Mon, 10/05/2015 - 08:57 | 6630486 FrankDrakman
FrankDrakman's picture

You are the idiot. (And I get laid frequently.)

The essence of feminism today is male submission. Want to get laid? Forget kissing the girl, holding her hard while she squirms, and then feeling the change as she stops fighting and starts kissing you back - the way it was when I was young. Today, you are supposed to fill out in duplicate a form where you state the extent of your desires, and swear that you don't have an STD, a stalker complex, and/or a crazy mother/ex-wife. 

Want to start a company? Fine, fill out all these forms ensuring that you are going to hire the requisite number of women/dark skinned folk/ gender confused freaks/ welfare recipients, that you are going to make any air or water that enters your building cleaner before it comes out, and that regardless of your title, you understand unions and government will have the final say in what you are allowed to do. 

The essence of masculinity is to see what needs to be done, and to buckle down and do it. The feminists want that last part - they want men to do the ACTUAL work - but they want to claim the first part all to themselves. Just listen to the campus rhetoric, where all the ills of the world are placed at the feet of "DWEM". 

Feminists don't want men in their lives; they want emasculated schmucks that they can boss around. 

You may think that's a great life, but it's bad for society. 

Mon, 10/05/2015 - 03:30 | 6630141 bunnyswanson
bunnyswanson's picture

Having a sound home with both parents is essential.  When daddy is not home, we all know it.  There is a void in the house that dissolves as soon as he walks in the door.  I believe it is a matter of sense of mental and physical security, and little boys are not left with feeling responsible for their mother's safety and happiness.  I think if we can save the family, keep the boys from being molested or placed into "head of household" status by being the only man in the house, we have a chance.  Social engineering is underway and has been for decades.  This cruel and unusual attempt to neuter an entire society by dysfunction.  https://www.youtube.com/watch?v=4eRvKKDy6nM  Opium Wars  - Winning a war by drugging the soldiers into inability to get out of bed. 

Let this never happen again.  We'll rob the robbers, no courtroom on earth would put these cats on the stand.  World cannot survive without America but it will do just fine without Israel and their clear agenda to rule over us, Palestinian style.  The blast will be visible from space.  The wall will contain the debris field.  Good riddance.  Jesus (big daddy) will arrive on the day we look into the sky the last time (our sun becomes an exploding star).  Greedy Christians expect to be saved for being stupid and lazy, watching from the sidelines as weaker and poor are battered and killed, rubbing their hands for luck....BRING ON THE RAPTURE.  Christians and the other brands have basically, by the millions, been sitting back and watching, almost urging the destruction of their father's country for misplaced belief that life is easy.  I resent these people for refusing to consider other possibilities and I resent church leaders for selling out to the devil to keep their congregations glued to their seats, by scaring the shit out of them while they take the change hand-over-fist.  The NSA data has all we need to know. 

America is going to be just fine.  Iran deal is the End of the Federal Reserve et al.  USA is going to join the BRICS.

Mon, 10/05/2015 - 05:14 | 6630208 bunnyswanson
bunnyswanson's picture

I do not know who could have down voted that.  An example of this tangled web of deceit is below.  Everyone, and I do mean everyone on stage in the US, Canada and all NATO nations is connected to the globalists in some fashion.

Katy Perry.  Said to be from humble background, born again Christians, welfare (in Santa Barbara).  Less likely whistle blowers will disrupt the plan when everyone is on the payroll of a one of the richest families in the world.

 http://www.legendsofamerica.com/ah-charlesmschwab.html

Katy Perry is the niece of a Frank Perry, her mother's brother, who was director/film maker for example, Truman Capote, Mommy Dearest. 

"https://en.wikipedia.org/wiki/Frank_Perry

"Frank Joseph Perry, Jr. was born in New York City to stockbroker Frank Joseph Perry, Sr. (March 21, 1905 — December 9, 1969)[4] and Pauline E. Schwab, who worked at Alcoholics Anonymous.[1] Pauline was also a niece of Charles M. Schwab, who founded the Bethlehem Steel Corporation"

http://www.geni.com/people/Charles-M-Schwab/6000000009745946916

" The Schwab family maintained ownership in the company in the late 1980s when it had to be sold in order to avoid bankruptcy. According to US public tax records, the nineteen heirs of this sale each grossed over $40 million. Charles Schwab himself died bankrupt, living on borrowed money for five years before his death."

 

https://en.wikipedia.org/wiki/Katy_Perry#CITEREFFriedlander2012

  "Her  (Katy Perry) family struggled financially,[9] sometimes using food stamps and eating from the food bank intended to feed the congregation at her parents' church.[10]""

"In 1901, he helped negotiate the secret sale of Carnegie Steel to a group of New York–based financiers led by J. P. Morgan. After the buyout, Schwab became the first president of the U.S. Steel Corporation, the company formed out of Carnegie's former holdings.[citation needed] After several clashes with Morgan and fellow US Steel executive Elbert Gary, (also of Bank One) Schwab left USS in 1903 to run the Bethlehem Shipbuilding and Steel Company in Bethlehem, Pennsylvania. (Ruined Nikolo Tesla style as we the Heinz family in early 1900 - silver)

http://memim.com/charles-m.-schwab.html

We are in someone else's movie.

Sun, 10/04/2015 - 20:36 | 6629527 Fahque Imuhnutjahb
Fahque Imuhnutjahb's picture

 

 

We need to issue some job stamps in the form of WPA type programs.  Kill two birds with a stone.

Repair crumbling infrastructure, teach trades and job skills to couch potatoes, reduce hand outs.

Yeah, I know, how do we pay for it?  Well if we can hand out sweet heart defense contracts like

candy, and issue copious quantities of welfare, seems like we could incur some debt, while it's cheap,

to help out the middle class, and possibly catalyze the virtuous circle.

Sun, 10/04/2015 - 21:18 | 6629630 Intelligence_In...
Intelligence_Insulter's picture

Hear hear!

Mon, 10/05/2015 - 03:06 | 6630118 A Nanny Moose
A Nanny Moose's picture

None of this has ever worked before. If you are going to use that tired old argument involving FDR as an example of "success," you need to address; the lack of material improvement in employment until Conscription started; the obliteration of the productive capacity of the entire industrialized free-world; the sequestration of any remaining productive capacity behind the Iron Curtain and all that Socialist Calculation baggage. See....all you gotta do, is eliminate the competition.

Best welfare investment would be to pay all three branches of government, and its alphabet soup of agencies, to simply go away. This will do more to create sustainable jobs than anything else.

Mon, 10/05/2015 - 12:58 | 6631556 Fahque Imuhnutjahb
Fahque Imuhnutjahb's picture

 

 

Well I'm all for the private sector spearheading a recovery, but I don't see them taking the reins on the infrastructure repairs.

I guess they would if the ownership was ceded to them.  That would create a whole other batch of problems IMO.

Mon, 10/05/2015 - 09:05 | 6630507 venturen
venturen's picture

and how would that help Wall Street and the lobbyist fed scum in Washington. Maybe you haven't noticed we are world of power brokers who perform market manipulation and math tricks. Revenue, profit and loss are irrelevant. When they print money who does it go to? The guys at Goldman making an average of million plus....

 

Until we get a trust busting politician willing to gut wall streets domination of the worlds financial machine we will go downward.

Heck the money crooks even benefit for rescues of countries like Greece...where the "rescues" go right to the criminal bankers....probably never even entering Greece. 

Sun, 10/04/2015 - 20:36 | 6629528 overmedicatedun...
overmedicatedundersexed's picture

 Tylers :

this is from a man i would like to see beheaded, his hubris is well astounding..I give you  a Ben Bernanke pearl of wisdom:

"Bernanke has some thoughts about what went right and what went wrong. For one thing, he says that more corporate executives should have gone to jail for their misdeeds. The Justice Department and other law-enforcement agencies focused on indicting or threatening to indict financial firms, he notes, "but it would have been my preference to have more investigation of individual action, since obviously everything what went wrong or was illegal was done by some individual, not by an abstract firm."

Sun, 10/04/2015 - 20:48 | 6629557 Spiritof42
Spiritof42's picture

To the authoritarian mind, it's always the people's fault for not doing what they are supposed to.

I read that statement as setting the stage for capital controls.

Mon, 10/05/2015 - 03:09 | 6630120 A Nanny Moose
A Nanny Moose's picture

Financialization is the result of currency debasement.

Mon, 10/05/2015 - 12:14 | 6631278 Apocalicious
Apocalicious's picture

And vice versa. It's called a vicious cycle. 

Sun, 10/04/2015 - 20:46 | 6629539 Johnny_Dangerously
Johnny_Dangerously's picture

http://www.redstate.com/uploads/2015/05/Wagesvimmigration.jpg

"These studies show that highly skilled foreign workers can help drive job creation in the U.S. and contribute to economic growth. Continuing to keep H-1B visa caps too low to satisfy market demand is harmful. Increasing H-1B visas is a smart reform to our immigration system that will quickly pay dividends in the labor market and our economy."

http://americanactionforum.org/insights/low-h-1b-visa-caps-dont-reflect-...

How do you reason with people who are so obtuse?

importing millions of unskilled workers drives down wages and also impacts to a large extent tax revenue. Ipso facto exporting both manufacturing and white collar jobs whil "insourcing" foreign workers all leads to more people - without creating more jobs.

illegal immigration and h1b visas are costing you more than the racially charged icon of the black baby momma with 4 kids.

She exists - but she's a very small part of the problem.

Sun, 10/04/2015 - 22:24 | 6629799 Johnny_Dangerously
Johnny_Dangerously's picture

any junkers on this have time or inclination to say a little bit about why they downvoted me?

Curious, is all.

Mon, 10/05/2015 - 01:00 | 6630012 Rhal
Rhal's picture

It was a good post. I'm guessing they scanned for soundbites without really understanding it. 

Mon, 10/05/2015 - 01:15 | 6630024 jmcoombs
jmcoombs's picture

There are no doubt some self-styled PC police trolling around this website or they are just ignoramuses. What you say couldn't be more true. Some people can't face the truth. Too invested in their own world view.

Mon, 10/05/2015 - 09:02 | 6630501 FrankDrakman
FrankDrakman's picture

I didn't downvote you, but seriously, any one who conflates an "H1-B" visa holder with "millions of unskilled workers" is dangerously stupid. 

Sun, 10/04/2015 - 20:50 | 6629560 holdbuysell
holdbuysell's picture

FSA! FSA! FSA!

FWIW, by SNAP count the FSA is on a slow decline. Where are they going?

Sun, 10/04/2015 - 21:10 | 6629609 alfred b.
alfred b.'s picture

 

  Not really expecting to see this chart on CNBS tomorrow!

 

Sun, 10/04/2015 - 21:31 | 6629659 Dre4dwolf
Dre4dwolf's picture

MSM stopped using charts a long time ago, now they just put up pictures of unicorns.

Mon, 10/05/2015 - 00:13 | 6629955 Government need...
Government needs you to pay taxes's picture

With rainbows . . . lots of rainbows - and trannies!

Mon, 10/05/2015 - 06:37 | 6630259 Arnold
Arnold's picture

Looks good in High Def.

Sun, 10/04/2015 - 21:12 | 6629613 honestann
honestann's picture

I love concise... an asset I often seem to lack.  This chart is a really wonderful, concise statement of how utterly false and farcical the so-called "recovery" is.  Kudos.

Sun, 10/04/2015 - 21:33 | 6629651 Dre4dwolf
Dre4dwolf's picture

Well to be fair it does look like things got 0.5% better from 2011 to 2015, that or people just stopped eating, hmm on 2nd look it might be closer to 0.25%

More or less everything is still terrible though.

Like

Almost as bad as it could be.

The only way it could get worse is if the foodstamps stop working.

At which point...........................................

martial law riots.

You will have Ferguson types rioting about how their ebt cant work and they cant afford to buy Cheezeepoofs anymore.

 

This chart signifies to me that its almost game over.

There is no way this is sustainable.

 

This is probably why old yellen yeller is having strokes on stage while giving her bullshit speeches about how great everything is lol

 

This is Obamas legacy.

The creation of the permanent welfare underclass.

Sun, 10/04/2015 - 22:06 | 6629748 Grandad Grumps
Grandad Grumps's picture

I blame Bernanke.

Sun, 10/04/2015 - 22:13 | 6629766 SSRI Junkie
SSRI Junkie's picture

---->"The American 'Recovery' In 1 Chart"

---->"How I stopped worrying and learned to live with the government debt bomb"

Mon, 10/05/2015 - 07:26 | 6630266 Wow72
Wow72's picture

So your a follower? Kind of Un-American wouldn’t you say? Thats the answer lets stick our heads in the sand and let the idiots whose best thinking got us here just continue to destroy our country as they see fit? Are you a pussy? Mel?  Maybe they can take the value of the .07 cent dollar and make it go to zero.  Is that their next "magic trick"  The FED are a lying pack of fucking idiots who have been consolidating the wealth of US Citizens since the 40's, Its time for change.  They are criminals that work exclusively for the bankers.

This is the type of leadership you endorse.   http://www.zerohedge.com/news/2015-10-04/and-scene-ben-bernanke-says-mor...   Sit back relax, really.  Is this who you want me to sit back and put all my faith into? You have to be fucking joking.  You want me to Bow to KING BULLSHIT?  If these people are supposed to 'Know' the economy.  They made need some new mentors because they dont know JACK SHIT!  Im sharpening my pitchfork. 

 

Mon, 10/05/2015 - 00:15 | 6629958 wisefool
wisefool's picture

If I was a tax exempt orginization like the NFL, MLB or future clintons of america I would say that chart looks like the "wildcard" race. no sarc: check mlb.com

sarc: If you are an american, please pay some taxes. Trump (has not reveal tax rate), Hillary (Has not revealed private server) have the right to send IRS agents after you once we elect them in 2016.

Mon, 10/05/2015 - 01:30 | 6630034 IronForge
IronForge's picture

IIRC, In California, there are more people on Public Assistance than those who are working.

Add the Waiter/Bartender vs.  Mfg Worker stats, one can see how FUBAR'd it's becoming in CA.

Mon, 10/05/2015 - 02:25 | 6630087 One World Mafia
One World Mafia's picture

Did they make it harder for Americans to go on food stamps in 2012? 

Mon, 10/05/2015 - 04:50 | 6630197 TheGuru
TheGuru's picture

Yeah .... "Recovery" - http://goo.gl/IgdmXK

Mon, 10/05/2015 - 06:15 | 6630240 J J Pettigrew
J J Pettigrew's picture

The Fed will make ...MAKE the fourth quarter an up quarter for the year end....

GUARANTEED

Mon, 10/05/2015 - 06:32 | 6630256 FullPl8
FullPl8's picture

The only peaceful answer to this problem is to move the people riding the green line over to the red line.

Do NOT follow this link or you will be banned from the site!