Federal Spending Per Full Time Workers and Related Charts - Entrepreneur Generations

Global Economic Analysis - Entrepreneur Generations - Reader Tim Wallace sent in another series of interesting charts showing the existing trends in employment, government spending, population, and labor force. Click on any chart for a sharper image.

Federal Spending Per Full Time Worker



In 1968, the US government spent $2,734 per every full time worker. By 2015, the amount soared to $30,834. Had spending per full time worker increased at the rate of inflation, it would have been $19,390.

Full Time Employment as Percentage Population



Employment as Percentage Population



Labor Force as Percentage of Population



Work Force Data



Fewer and fewer workers are supporting more and more retires. Military spending, Medicare, Medicaid, and other entitlement costs have soared out of sight and not about to stop. In addition state pensions are a disaster area in spite of the massive stock market rally.

Millennials have now taken over as the largest demographic group but they cannot possibly pick up all the associated costs. Something has to give.

Mike "Mish" Shedlock

Mike "Mish" Shedlock is a registered investment advisor representative for SitkaPacific Capital Management. Sitka Pacific is an asset management firm whose goal is strong performance and low volatility, regardless of market direction. Visit http://ift.tt/xbXsM8 to learn more about wealth management and capital preservation strategies of Sitka Pacific.

from Mish's Global Economic Trend Analysis http://ift.tt/1QA26RL Federal Spending Per Full Time Workers and Related Charts - Entrepreneur Generations

Posted by Entrepreneur Generations

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