This time it’s different—and worse

Double click to view

Click on Anatomy of a soft economy for the original version of the chart in Fortune magazine.

Click to view

Click on American Idiots: How Washington is destroying the U.S. economy for the article by Alan Sloan, Fortune magazine’s senior editor-in-chief, that went with the second chart.

I have to say that I like the charts a lot more than I do Sloan’s article.   He thinks that the economic crisis is primarily a result of federal budget problems, and that it can be fixed by tinkering with the tax code and chipping at Social Security and Medicare.  As the chart itself shows, the problems are much more fundamental than that.

Hat tip to The Big Picture.

Tags: , ,

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.


%d bloggers like this: