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The one economic chart that says it all

By tovarichpeter   2013 Jan 4, 9:35am   214 views   0 comments   watch (0)   quote      

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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