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60 Years of US Economic History, In 1 Graph [Pic]

submitted by: fancylad
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60 Years of US Economic History, In 1 Graph [Pic]. Prepare to get really depressed, Americans.
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Hits: 13947 | Favorites: 1 | Emailed: 1 | Rating: 2.7 | Category: News & Politics | Date: 08/23/2012
 
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emmettyville
Female, 40-49, Australia
 4267 Posts
Saturday, August 25, 2012 1:09:14 PM
it's not that they forget, it`s that they are paying absolutely no attention.

elkingo
Male, 30-39, Eastern US
 3418 Posts
Friday, August 24, 2012 9:05:25 PM
How do people forget recent US history so easily?

elkingo
Male, 30-39, Eastern US
 3418 Posts
Friday, August 24, 2012 6:43:22 PM
How do people forget recent US history so easily?

elkingo
Male, 30-39, Eastern US
 3418 Posts
Friday, August 24, 2012 6:41:51 PM
@FoolsPrussia: The economy wasn't actually "sinking" until 2007, despite two wars. It completely fell out in 2007 when home loans started going into default (You can thank Bill Clinton for that!). However, and despite this, it was beginning to rebound in 2008, then there was panic over an election year (rightfully so!). People stopped investing out of fear that Obama would follow through on his campaign promises (again, rightly so!). It is all in the graph I provided.

elkingo
Male, 30-39, Eastern US
 3418 Posts
Friday, August 24, 2012 6:31:37 PM
I can do a neater graph... I just assumed my overlays would impart the information that seems relatively obvious.

Here you go.


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