Showing posts with label The Hollow Men. Show all posts
Showing posts with label The Hollow Men. Show all posts

Thursday, July 30, 2026

2Q2026 Real GDP, first estimate, came in at a measly 1.5% today

 The last time a quarterly real gdp figure came in close to 10%, outside the grotesquely distorted pandemic hysteria, was in 2Q1983 at 9.4%.

It's been all down hill since then. 

Our T.S. Eliot Hollow Man Economy continues to die, not with a bang but a whimper.

The compound annual growth rates show this:

2Q1947-2Q1984: 3.64%

2Q1984-2Q2017: 2.67%

2Q2017-2Q2026: 2.46%.

The era inaugurated by Trump underperforms the era inaugurated by Reagan by 7.9%, which in its turn underperformed the post-war era by 26.6%.

The Trump era underperforms the post-war by 32.4%.

They have no idea how to make America great again.

They are fools, fops, idiots, and sots, stuffed with chaff, straw, and feathers. 

  


Monday, July 29, 2024

This is the way the world ends, not with a bang but a whimper

Trend for peak performance
 
1950: 24.0%
1959: 16.6% (9 years)
1984: 11.3% (25 years)
1997:  7.8% (13 years)
2010:  6.3% (13 years)
2021:  4.7% (11 years)