The Run Rate

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Back in October Karl Denninger wrote an article about the difficulty companies were having in finding employees.  The thrust of his article focused on a little known statistic called the “Run Rate.”  And what he related about it is downright scary.

First, a definition.  Denninger defines run rate a bit imprecisely.  According to him, the annual run rate is the total number of not-institutionalized people in the United States over the age of 16.  However, it is really the annual differencebetween last year’s count and this year’s.

How does one get included in the count?  Turn 16 years old.  Once in the count the only ways to leave the count are to:

  • Expatriate yourself and leave the US permanently.

  • Go to prison (you come back on it when you get out.)

  • Go to a nursing home (Reminder: The median life expectancy on admission to one is six months, after which you do the next.)

  • DIE.

As Denninger points out, the last two are essentially the same.  Very few people ever return to the count once they enter a nursing home.  This number is not affected by people deciding not to work.  It is not affected by deciding to go to school.  It is not affected by being laid off or fired.  It is not affected by deciding to move back into your parent’s house because you have poor job prospects.  It is not affected by dying while in a nursing home.

What has happened to this run rate?  Denninger provided a chart.  Please note that the numbers displayed are the number of thousands.

PIC

Denninger provided some oversight and history:

This number has run around 2 million on an annualized run-rate for a very long time.  It is somewhat responsive to economic booms and busts with a 16-17 year lag; more people make children, but when they do it takes 16-17 years for them to show up in this figure.  16-17 years ago was literally the best of times; birth rates were rising as we came out of the Tech Wreck.  Indeed in 2018 in December the annualized run rate was about 2.5 million.  It was in December of 2019 too — right in front of *****.  And in December of 2020 it was back to more-or-less baseline at 2.1 million.

So what happened to the run rate in 2021?  Did people suddenly stop having babies 16-17 years ago?  We know that is not true.  Have the young people in this country been stricken with some disease that has culled a lot of them from the roles of the living?  Again, no.  The number of youths reaching this age have not diminished.  They have been added to the count.  So, why has the count not increased the way it has for decades?  Why has the difference suddenly diminished from what has been a decades long process?

It must be because more people got subtracted.  However, the usual death rate does not affect this statistic.  It is important to note that COVID itself DID NOT AFFECT this rate.  This implies that there has been a significant change in the mortality rate in this country recently.  It seems to correlate fairly closely with the campaign to force the mRNA jab on people.

We have been subjected to an ongoing campaign of misinformation about the mRNA therapies.  First, they were 95% effective at stopping the virus.  Eventually Fauci and his fellow conspirators had to abandon that narrative when “breakthrough” infections ran wild in many countries.

Then, according to Fauci and others, the therapies were lessening the seriousness of the illness.  Of course, this deliberately ignores the scientific fact that the evolutionary path for coronaviruses is to become more infectious and less serious which is exactly what we are seeing.  It also ignores the fact that several studies have determined that the vaxxed are significantly more likely to be infected than the non-vaxxed.  Some studies point to a greater than 50% likelihood.  And that serious illness is showing up among the vaxxed more often.

However, the virus is only marginally affecting the run rate.  So, what is affecting the mortality rate negatively?  And how do we know about this?

Insurance companies are seeing a huge surge in claims for mortality and disability.

The head of Indianapolis-based insurance company OneAmerica said the death rate is up a stunning 40% from pre-pandemic levels among working-age people.

“We are seeing, right now, the highest death rates we have seen in the history of this business – not just at OneAmerica,” the company’s CEO Scott Davison said during an online news conference this week. “The data is consistent across every player in that business.”

The only major change to health care in 2021 was mass vaccination.  The run rate is telling us something.  How many more people need to die before we remove the blinders and conduct serious investigations into the pandemic of death that mass vaccination has foisted on the unsuspecting people of the world?