What Power Consumption Says About US Economy

Here is a graph of US electric power consumption:

http://www.zerohedge.com/news/2014-07-13/what-power-consumption-telling-us-about-us-economy

It peaked in 2006 and is very slowly declining.

I used to work in the nuclear power industry. One of my clients was Pennsylvania Power & Light. At the time they stated that they could only keep up with electric demand because as residential electric use increased, commercial use was decreasing.

That's exactly what the above graph is telling me. Since 1995 the US has added a heck of a lot of people and housing units, all of which use electricity. If overall consumption has plateaued or decreased, that means commercial use has gone down.

Many years ago I read a report about electric generator construction in China. The gist of the report was that China would be constructing over a forty year period the electric capacity which should have been built in the US if our economy was to continue to grow. They did, and we did not.

There is no mystery here. There is no "recovery", and this graph more or less proves it. The ruling class decided to de-industrialize the USA for their own benefit. A rentier economy doesn't need a lot of electricity, and the fact that Obama ad-Dajjal is trying to destroy our remaining generating capacity by attacking the coal industry does not bode well for our economic health. In fact it says just the opposite: the fix is in, and we're going down.

All according to plan.