Do You Assume

Do you assume?

Wednesday, March 18, 2009

American petroleum consumption
doubled
between 1960 and 2006.

The American economy
quadrupled
over the same period.


America consumed
half
the worldʼs oil in 1960.

America consumed a
quarter
of the worldʼs oil in 2007.


In 1980 proven world oil reserves
were
667 billion barrels.

In 2007 proven world oil
reserves were
1,238 billion barrels.
86% increase in reserves over a quarter century

The world consumes about
1 cubic mile of oil per year.

Which is equivalent to:
• covering 4.2 billion houses with solar panels.
• building 2,500 900MW nuclear plants.
• installing 3 million wind turbines.


The world has consumed about
1.1 trillion barrels of oil
in all history.

The world knows where the next
1.3 trillion barrels of oil
are to be found.

At least another
3 - 6 trillion barrels of oil
are thought to be open to discovery.

Do you assume…
oil is a conspiracy?


Since 1930
American crop yields have multiplied:

• Corn - 6x
• Cotton - 4x
• Soybeans - 2.5 x
• Wheat - 2x


Sequencing the human genome took
13 years and billions of dollars.

Sequencing the Neanderthal genome
should take
2 years and cost millions of dollars.

Within a decade it is estimated that
sequencing
will take hours and cost $1,000.

In 1971 an Intel processor
contained
2,300 transistors.

In 2008 an Intel processor
contained
2 billion transistors.
870,000 fold increase

In 2007 commercial airlines ﬂew
6 times more passenger miles than
they did in 1970

Amtrak, a government monopoly, railed
1 million passenger miles LESS in
2007 than it did in 1971.


In 2007 the Social Security
Administration admitted overpaying
$140 million to 44,000 recipients.

A government rule called
“Administrative Finality” disallows
any attempt to recover the money.


Do you assume…
markets are inefﬁcient?


Americaʼs corporate tax rate has
remained unchanged at 39%
since 1994.

Company tax in the rest of the world has
declined from 37% to 26%
since 1994.


America raises an amount equal to
2.5% of GDP
from corporate taxes.
American companies pay a rate of 39.3%

Ireland raises an amount equal to
3.4% of GDP
from corporate taxes.
Irish companies pay a rate of 12.5%


Exxon Mobil made a Q2 2008 proﬁt of
$1,486 per second
by selling oil it had developed.

Governments made a Q2 2008 proﬁt of
$4,114 per second
by taxing Exxon Mobil.


Exxonʼs proﬁt on Q2 ʼ08
sales was 8.4%.

Government proﬁt on Exxonʼs
sales was 23%


The American Government
spends
nearly $3 trillion per year.

The American Government
produces
$0 per year.


In 1999 the top 5% of American earners
paid 55% of all federal income tax.

In 2006 the top 5% of American earners
paid 60% of all federal income tax.


In 1934 the U.S. government raised
$54
in individual income taxes per capita.
Constant 2007 dollars

In 2007 the U.S. government raised
$3,838
in individual income taxes per capita.
7,000% increase
or 96% more each year, every year for 73 years

In 1933 President Franklin D. Roosevelt
expropriated private gold holdings
paying $20.67 per ounce in dollars.

Once the gold was taken by F.D.R.
he devalued the dollars paid in
exchange by 41%.


Do you assume...
someone else pays taxes?


In 1965 entitlement spending totaled
28% of all US government spending.

In 2007 entitlement spending totaled
62% of all US government spending.


In 1950 there were
5 Social Security recipients
for every 100 contributors.

In 2015 there will be
35 Social Security recipients
for every 100 contributors.


In 1965 the Federal Government
paid 11%
of all health care costs.

In 2007 the Federal Government
paid 33%
of all health care costs.


In 2000 American children were
liable for $20 trillion
in legacy ﬁscal exposures.

In 2007 American children were
liable for $53 trillion
in legacy ﬁscal exposures.

22% increase per year; 18 times larger than annual GDP


In 1946 America owed
less than 1% of its debt
to foreign interests.

In 2007 America owed
45% of its debt
to foreign interests.


Do you assume...
you are entitled?


In 1950 there were
1.3 newspapers sold
for every American household.

In 2007 there was
½ a newspaper sold
for every American household.


In 2003 energy analyst Matt Simmons
predicted that U.S. natural gas production
would collapse by 2005.

From 2007 to 2008
natural gas production
Increased by 9%.
The fastest rate in a decade.


In 1988 global temperatures were forecast
to rise dramatically in all future years
unless human CO2 emissions were slashed.

Since 1998 global temperatures
have cooled slightly
even though CO2 increased 5.5%


Implementing the Kyoto Treaty
was forecast to reduce global temperatures
by 0.07ºC after 100 years.

Not a single temperature model
has been correct after 5 years.


The 2005 hurricane season was touted
as an example of more frequent & violent
global warming induced hurricanes.

2007 & 2008 northern hemisphere
tropical cyclone activity was the
lowest in 30 years.


In 1919 the USGS forecast
world peak oil production by 1928.

Peak oil production has
still not been reached.


In 1955 the American Cancer Society forecast
25% of Americans would suffer cancer.

In 2004 the ACS reported
cancer incidence rates of 0.5%.


In 1968 economist Paul Ehrlich forecast
death by starvation for
hundreds of millions by 1980

The WHO reports that
obesity rates have tripled since 1980
and that developing nations are most at risk.


In 1988 actor-activist Ted Danson forecast
a total collapse
of world ﬁsheries by 1998.

Fish harvests remain
stable in aggregate


Do you assume...
trends are linear?


In the 1980s “American-Declinists”
forecast the displacement of the U.S.
by Japan and Europe by 2000

At the start of this century America
was the undisputed sole superpower
and China was the new favorite
to achieve parity or superiority.


In 1989 Francis Fukuyama forecast
“The End of History”
as the Soviet Union collapsed.

In 2008 Russia invaded Georgia
and threatened to attack Poland
with nuclear weapons.


In 1800 the U.S. government paid
20% of its income in bribes and tributes
to Islamic pirates to secure free trade and
to prevent the enslavement sailors.

In 1815 the U.S. government paid
0% of its income in bribes and tributes
to Islamic pirates
after defeating them in battle.


On September 11, 1683
European allies won the Battle of Vienna
ending 300 years of Ottoman imperialism.

On September 11, 2001
Salaﬁst terrorists killed
more than 3,000 people
in their war to restore the Caliphate.


Do you assume...
history is the past?


American War Casualties

World War II:
224 killed per day
Korea:

24 killed per day
Vietnam:

8 killed per day
Iraq + Afghanistan:
2.1 killed per day

Chicago Murders in 2008
1.4 killed per day


In 1970 lead emissions in the U.S.
were 220,869 short tons.

By 2000 lead emissions had
fallen below 4,000 tons.


In 1992 Club of Rome
researchers reasserted
the world had grown
beyond its limits.

Since 1992 Brazil, Russia, India & China
have doubled their combined
economies in real terms.


133 million people have been
lifted out of poverty since 1980,
75% of them in China alone.


Do you assume...
things always get worse?


Real U.S. government education
expenses
have nearly tripled since 1990.

Since 1990 U.S. high school students are
about three times
less competitive internationally.


College Tuition Fees
have inﬂated 300% since 1967.

College Grade Point Averages
have inﬂated 55% since 1967.


Teacher : Pupil ratios are lower than ever.

Admin. : Pupil ratios are lower than ever.

Teacher qualiﬁcations and income are
higher than ever.

American high school graduates are
less competent than ever.


In 2007, government
spent almost $10,000
per elementary & secondary pupil.

Competing countries educate
entire grades for that price and
achieve better results.


Do you assume...
money improves education?


UN Undersecretary-General for
Humanitarian Affairs,
Jan Egeland, 2004:
“Americans are stingy”.

Americans privately gave
$2 billion after
the 2004 Indian Ocean Tsunami and
$25 billion in all of 2004.


2004 charitable giving per capita

United States
-
$417

Spain

-
$183

France

-
$111

Germany

-
$59


Most philanthropic states
1. Mississippi
2. Arkansas
3. Oklahoma
4. Louisiana
5. Alabama
6. Tennessee
7. South Dakota
8. Utah
9. North Dakota
10.Idaho


Americans are roughly
4% of the worldʼs population

and have been awarded roughly
and develop around
and generateabout
and provide about
and earnabout
donate
80% ofof the worldʼs Prizes
20% thethe Nobel income
25% of worldʼs medicines
60%
35% of the worldʼs patents
25% worldʼs food
charity
in Economics, Science & Medicine


Created by Timothy Wood

Will you assume?


Do You Assume

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