Click to enlarge.
Here's the theory. We need to add drinking jobs at least as fast as we lose manufacturing jobs (per capita, so job growth can keep up with population growth). 0% is therefore the goal. Achieve that and the world is our oyster! We've been doing great since November of 2010. That's nearly 3 years of solid performance. Let's hope we can sustain it permanently this time!
Hey, I never said it would be easy over the long-term. As seen in the following chart, there may be a chance though.
Click to enlarge.
Heavy drinking data from 1993–2000 represent all respondents aged 18 years and older who report an average of 2 or more drinks per day (i.e., 60 or more alcoholic drinks a month). Data from 2001–2009 [2001-2012] represent all male respondents aged 18 years and older who report an average of more than 2 drinks per day and female respondents aged 18 years and older who report an average of more than 1 drink per day.
Thanks to the increased frequency of hangovers brought on by exponentially increasing heavy drinking, the future's too bright. I gotta wear shades. Sigh.
See Also:
Sarcasm Disclaimer
Source Data:
St. Louis Fed: Custom Chart
CDC: Alcohol Usage Trends
Not to put too fine a point on it, but the Russians have tried this plan, and it doesn't seem to be working for them.
ReplyDeleteIn the mid-90's, the US rate of death by alcohol poisoning was about 300 in a population of 300 million+, or literally one in a million. The Russian annual rate was about 30,000 on a population of less than 150 million (post-breakup), or about 200 times greater.
We've got a long, long way to go before that curve fails.
Thanks to the increased frequency of hangovers brought on by exponentially increasing heavy drinking, the future's too bright.
ReplyDeleteI'm just glad we have a President that received a Nobel Peace Prize. Increased frequency of wars and all......
Do the spin meisters that manufacture the news, history and evidence get counted as people employed in the manufacturing industry?
Who Struck John,
ReplyDeleteJanuary, 15 2013
Russia emerges from two-week new year drinking binge
One expert estimated that if all the bottles of alcohol that Russians drank over the holiday were lined up along the equator, they would wrap around the world 17 times.
mab,
ReplyDeleteDo the spin meisters that manufacture the news, history and evidence get counted as people employed in the manufacturing industry?
Our dog Honey has been known to "sit and spin". That's what I call it when she decides to do a bit of self grooming, if you know what I mean, lol. Sigh.
Does that make me a sit and spin meister? Technically speaking, I am Honey's master ("meister") as she sits and spins!
What I do is very important to this household economy. Without me there to witness all the good things that my dog is doing, how would the world know? At the very least, the activity that I am doing in response to her activity belongs in the GDP report!!! ;)
I just need to find a way to be financially compensated for my good work. Perhaps I can chart her activity and present it on CNBC, lol.