10 Comments

  1. Actually, you might be. This is about shipments of products. Shipments of military material is increasing while shipments of more “consumer” oriented stuff is declining. Doesn’t say if that stuff is being stockpiled in the US or exported.

    But since we are surging the shipments of military aircraft, I’d like an A-10… for testing purposes, of course.

  2. The graph is highly misleading. I’d even go as far as to call it bad and sensationalist journalism. It displays growth since 2000, not considering inflation. The actual ratio of military goods produced in the US grew from 3% in 2000 to 8% today, which is rather obvious at a time of war.

    It’s biased graphics design, kinda like this chart which is mainly confusing because of coloring and bad typography, not because of “insane obstacles” between you and your doctor.

  3. It’s worth repeating lumpi here: the chart shows the percent change in military and nonmilitary goods shipped since 2000. But the chart remains extremely scary. (Here’s the actual article.)In particular, that 66% jump in military goods since the beginning of 2009 and the nearly 25% drop in nonmilitary goods is disturbing, especially given that we (as far as I recall) haven’t started any new wars in that period.

  4. Let’s take lumpi and Delta a step further. The charts show percentage gains over the year 2000. They are not year-over-year gains, but cumulative gains over an arbitrary point. Consider this: if I ship one widget this year and two next year, that’s a 100% gain! Now next year I ship four widgets. That is a 100% gain over the prior year, but a 300% gain over the base year. Now let’s say I cut back to two widgets. That is only a 50% cutback even though I have completely erased the 100% gain from the previous year. Percentages are the way people distort the perception of fact. As I am fond of saying, If you have one foot in a bucket of boiling water and one foot in a bucket of ice, don’t complain. On average, you’re comfortable!

  5. One other thought, Delta. Maybe the increase in military shipments in 2009 merely reflects the lead time necessary to replace the stuff that got blown up during the period 2003 to 2007? Remember, these are not purchases or goods manufactured. They are shipments of manufactured goods.

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