The Bachmann Curve

Michele BachmannIn my never-ending quest to learn more about Rep. Michele Bachmann (R-MN), I ran across this frightening revelation (from December 2009):

“The federal government now owns or controls 30 percent of the private economy. Just over a year ago, you couldn’t say that. Just over a year ago, 100 percent of the private economy was private. Today, 30 percent is owned or controlled by government.

That’s why if this health care bill passes, government will control an additional 18 percent of the private economy or 48 percent of the private economy. At that point, we’re no longer a free market capitalist system. It really changes up what kind of country we are. And that’s why I believe President Obama, when he said that he wanted to transform America, he certainly has succeeded in that goal.”

That is shocking. You’d think that 100 percent of the private economy would be private by definition, but I guess that’s underestimating President Obama and his henchmen (and henchwomen) in Congress. And they’ve made good on her threats. From an interview on March 25, 2010 (at the 3:31 mark):

“And what we saw this Tuesday, once the president signed the health care bill at the 11th hour in the morning on Tuesday, that effected 51% government takeover of the private economy. It is really quite sobering what has happened. From 100% of our economy was private prior to September of 2008, but as of Tuesday, the federal government has now taken ownership or control of 51% of the private economy.”

But that’s just rhetoric. Let’s do the math. What do we get if we apply second-order curve-fitting to the following data?

Date % Private
9/2008 100
12/2009 70
3/23/2010 49

We get this chilling graph, which I call the Bachmann Curve:

The Bachmann Curve

By this analysis, which accurately predicts each one of the data points, America’s private economy will be 0% private on October 12, 2010. We only have about six months to fix this, people. Let’s get to work!

2 Responses to “The Bachmann Curve”
  1. Amen! Wake up, America!

  2. Matt S says:

    I remember when slightly more than 100% of the economy was free in 12/08. Good times.

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