HOW’S THAT HOPEY-CHANGEY STUFF WORKIN’ OUT FOR YA? (CONT’D): GDP Numbers Keep Getting Worse. “In the 138 years from 1870 to 2008, the US economy expanded by about an average of 3% a year. After the revisions to GDP data from 2012-2014, we see that the U.S. economy since the financial crisis has been growing an average of 2.0% a year versus the earlier 2.3%. The difference between 3% and 2% may not sound like much, but think of it this way: At a 3% growth rate the economy doubles in about 24 years. At a 2% growth rate the economy doubles in about 36 years – 50% MORE time!”

Plus: “Today there are 136 people receiving some sort of government benefit for every 100 people employed in the private sector.”