Another really awakening chart is the one below. It shows us the ratio of change all wages and salaries paid annually (year to year) vs the change in national debt annually (year over year). The shocking news is that the ratio has been below one (100%) except for 1997-2000.
This is truly laughable. That means "them the people" borrow from "we the people" $100 every year. Then "They" give "we" 60, 50, 40% but we have to work a whole year for it. Do you see the irony.
The masses are happy to have higher salaries that they waster their lives for, but the almost half the debt is "gone" somewhere and no one questions where!
The numbers come from FRED. The wages number is billions of dollars so it is multiplied by 1000 to make it in millions. Then it is multiplied by 100 so we can read the y axis as %. Both quantities are available annually.
Below is the same graph on a log scale. That mitigate the impact of the spike of 1997-2000, but also we have negative years that do not show on the log scale.