Via Kevin Drum, we have this interesting data that shows: What it shows is the difference that the President’s party affiliation makes to the distribution of income during the four years of the president’s term. (The distributional outcomes are shown … Continued
Economy
The Washington Monthly: THE STIMULUS DEAL
I wish I had more time to write about this, but here’s my brief take. Heidi and I will happily accept the $600 or $1200 or whatever we’re going to get under this plan. The thing is, we don’t need … Continued
Irvine Housing Blog » Blog Archive » Pretending
And as soon as I raise the question, the next blog post at Atrios’s place linked to this article at the Irvine Housing Blog… glad to see that I’m at least asking intelligent questions. If the linked data is correct, … Continued
Think Progress » Bachmann: I’m ‘Proud’ That ‘We Have People Working Two Jobs’ And ‘Longer Hours’
Talk about disconnected from reality…
Income distribution in the U.S.
The following chart shows the change in income distribution normalized to 1970 dollars across every quintile of our population, with the top quintile expanded into more detail. Income is measured as a share of the nation’s GDP, not tax receipts … Continued
Birth Death Adjustments and Job Creation Numbers
If you pay attention to the economic indicators that Wall St. waits for, you’ll have heard about the “jobs report” which reports on the number of jobs created over the last month in the U.S. Over the last 12 months, … Continued
The Big Picture | Wheeee! New Homes Sales, Prices in Freefall
Glad I’m not planning on selling my house this year…
Random economic thought for Labor Day weekend
In the face of this: The nation’s median household income grew modestly in 2006, the Census Bureau reported yesterday, even as the percentage of people without health insurance hit a high. Experts said the rise in income was mainly a … Continued
Cramer on the Colbert Report
Missed this last week, but impressed that he showed up on Colbert after his meltdown the week before. (via The Big Picture)
A Weak Dollar and the Fed – New York Times
Following up on my post on the market a few days ago, Josh sent this my way. I know Dick Cheney believes “Reagan proved deficits don’t matter” but what the heck has he been right about yet? I’m not a … Continued
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