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The one economic chart that says it all


By tovarichpeter   Follow   Fri, 4 Jan 2013, 9:35am PST   152 views   0 comments
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http://www.huffingtonpost.com/2013/01/04/washington-deficit-obsession_n_2409978.html

Washington's deficit obsession even plainer. In fact, unemployment and deficits are very much related, or at least correlated, as you can see from this chart, which shows the budget deficit as a percentage of GDP (represented by the green line) vs. the unemployment rate (blue line), going back for the past 65 years.

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