As usual, I’m a bit late on this week’s dime chart—I’m still working on June Newsletter, too). It’s Friday the 13th this Friday August 20th(August 21st… look, I’m a single father of a cat)Instead of ten charts this week, there are 13 horrific images which silently narrate an unfinished story that will be told for ages: The Fall of the United States Empire and Freedoms by Free Lunches.

The U.S. is undergoing a major transformation that will permanently sever the ideas and principles it was founded on. Our Federal Government has slowly expanded its role over the past few decades, but the unprecedented stimulus in response to Covid and thereafter engrained a path from private(market)economy to one driven by central planners. It would take 130 charts to fully illustrate or convincingly present our present transition. In a few weeks, I will do a follow up on an article I wrote over a year ago, “Nationalization”. The process of Nationalization is already occurring. Of course, most Americans(mostly ages 30+)do not believe this and think that the idea is far-fetched—forget that the data below is about the U.S.; provided only the data below, how would you define this economy?