Sunday, October 13, 2013

Restoring the Prosperity of the Roman Empire

The following chart shows the 12-month moving average of annualized production and nonsupervisory coal mining employee minutes worked per capita.

Click to enlarge.

We seem determined to restore the prosperity of the Roman Empire one year at a time. Coal mining jobs for the win!

Don't let the naysayers get you down with all their talk of newfangled automated processes and the rolling over of the 2nd order polynomial trend line in blue. Coal is where the jobs of the future will be. We'll mine it all by hand if need be, just to keep the employment reports looking good.

History of coal mining

In Roman Britain, the Romans were exploiting all major coalfields (save those of North and South Staffordshire) by the late 2nd century AD.

The Fed would never allow this modern and financially innovative economy to fizzle yet again. You can take that to the bank. No, sir. Recessions are a thing of the distant past, much like the explosive growth in coal mining employment. Just gotta keep the faith! Potential

As a bright-eyed kid, you once harbored dreams of a future in space. But face it, the only moon you’ll ever step foot on will belong to passed-out, drunken, former bright-eyed aspiring astronaut losers who are, unfortunately for you, your peers. Nice going, Buzz!

See Also:
Sarcasm Disclaimer
Trend Line Disclaimer

Source Data:
BLS: Employment
St. Louis Fed: Population

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