Every now and then, US taxpayer money goes for something useful and surprisingly informative. Such as this infographic from the US Census Bureau deconstructing the "American Economic Machine" or at least justifies its generally accepted popular representation in the aftermath of the recently concluded Census. The graphic cites facts dealing with manufacturing, services, retail trade, construction, government and much more as seen through the numerous economic programs and surveys conducted by the Census Bureau. And while entertaining, we urge readers to remember that there is no such thing as a free lunch, and that the American "economic machine" is merely the culmination of a global financial system that is full to the gills with credit money to the tune of $707 trillion as shown in this infographic previously.
Is the trade off worth it? We will find out in the coming years when at some point, we hope, the economy will be allowed to take off on its own and attempt to recreate the virtuous cycle, however without the training wells of the world’s central planners who day after day steal from the future to preserve today’s house of cards. We are not very hopeful.