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Probably Nothing

By Captain Capitalism on April 23, 2012 2:20 PM | 6 Comments

disposable%20income.jpg

Additional economic commentary here, but the chart I think speaks for itself in that unlike GDP or whatever else the media wants to use to tell you your feelings about the economy are wrong, this really speaks to the pulse of the economy.

6 Comments

MikeSr | April 23, 2012 2:49 PM | Reply

Sure makes one wonder why this chart is not a centerpiece of Barack Obama's and the Democrats campaign startegy; Cheers;

Justthinkin | April 23, 2012 3:14 PM | Reply

Oh,they'll use it,MikeSr. Just that their cut-off point will be 2008! heh

gunney99 | April 23, 2012 3:17 PM | Reply

This chart should be placed on every bulletin board in every School, Hospital, and Government office in the Province of B.C.. When one sees a parking lot of Lexus and Beamers one has to wonder how they can have the nerve to post the TV adds we are seeing.
Maybe it's just old fashioned stupidity.

EBL | April 23, 2012 3:44 PM | Reply

Oh oh! Time to bail out of the market (it had a 1% loss today).

Miguel | April 23, 2012 6:47 PM | Reply

"This chart should be placed on every bulletin board in every School, Hospital, and Government office in the Province of B.C.. When one sees a parking lot of Lexus and Beamers one has to wonder how they can have the nerve to post the TV adds we are seeing.
Maybe it's just old fashioned stupidity.

Posted by: gunney99 at April 23, 2012 3:17 PM"

And homeless shelter. The employees all drive Audis and Volvos at the one near me though.

Sgt Lejaune | April 23, 2012 8:27 PM | Reply

Classic American recessions usually have quickly implemented large scale dehiring, followed by fast changes in business strategies,
followed by massive rehiring within one year. Mr "0" (zero) has taken things to the opposite extreme with massive welfare programs
to keep the unemployed unemployed. This is a common European strategy to create a massive unemployed dependent underclass
at the beck and call of their socialist masters. The excuse in this case is the jobs have permanently disappeared never to return (i e
the unions don't want large numbers of people out looking for work putting wage pressure on their bailiwicks).
.

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6 Comments