Jon Taplin reproduces this jaw-dropping chart: Floyd Norris's scary graph of Durable Goods Production, adding, "We have so hollowed out our industrial plant that the only thing we are now producing is weapons of war." He goes on to quote Toynbee on Rome: "The economy of the Empire was basically a Raubwirtschaft or plunder economy based on looting existing resources rather than producing anything new. The Empire relied on booty from conquered territories... With the cessation of tribute from conquered territories, the full cost of their military machine had to be borne by the citizenry."
Update: The total numbers are better than the percentage changes: The US "remains primarily a civilian economy. Military now takes 8% of all durable goods, up from 3% in 2000."
National Security State
No wonder he was smiling. The United States received $100 million from Saudi Arabia on Tuesday, which coincidentally, so weird!, was the same day Secty. of State Mike Pompeo landed in Riyadh to laugh and smile with Saudi Crown Prince Muhammad bin Salman about missing Washington Post journalist Jamal Khashoggi.
To enable “further research of information operations on Twitter”, the company today published a dataset of tweets posted by known Russian and Iranian troll farms. In line with our strong principles of transparency and with the goal of improving understanding of foreign influence and information campaigns, we are releasing the full, comprehensive archives of the […]
President Donald Trump talked to reporters today about his phone conversation with Saudi Arabia’s King Salman bin Abdulaziz, during which the two despots discussed the disappearance and apparent killing of journalist Jamal Khashoggi.
Speed reading isn’t just an innate skill possessed by a lucky few. Anyone can learn to speed read, and the benefits are endless. The brain can process more information than most people have time to soak up, but you can make that time now with the 2018 Award-Winning Speed Reading Bundle. The first half of […]
Sure, you could use the same old PowerPoint templates for your next business presentation. It’s not like you have bosses or investors to impress. Oh wait, you do? Time to augment that slideshow with Slideshop – the presentation tool that can individualize your pitch while saving you time. Compatible with PowerPoint, Keynote and Google Slides, […]
Multinational companies have used the no-nonsense methodologies of Six Sigma and Lean Six Sigma to oil a smooth-running operation for years. What is it? Six Sigma (and its offshoot, Lean Six Sigma) apply the principles of science to business, teaching managers to methodically target waste, maximize output and streamline the flow from producer to consumer. […]