The one economic chart that says it all


By tovarichpeter   Follow   Fri, 4 Jan 2013, 5:35pm   102 views   0 comments
In South San Francisco CA 94080   Watch (0)   Share   Quote   Permalink   Like   Dislike  

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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