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Real Disposable Income And Historical Events [Pic]

submitted by: elkingo
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Real Disposable Income And Historical Events [Pic]. It`s like people forget history.
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Hits: 11356 | Favorites: 0 | Emailed: 0 | Rating: 2.7 | Category: News & Politics | Date: 09/07/2012
 
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5Cats
Male, 50-59, Canada
 26660 Posts
Friday, September 7, 2012 7:01:37 PM
@elkingo: Excellent! Well done and all that good stuff!

elkingo
Male, 30-39, Eastern US
 3965 Posts
Friday, September 7, 2012 5:05:58 PM
@VirtualParty -- It comes from the US Federal Reserve and Department of Commerce.. who do you want to "peer review" it? China?

themax275
Male, 30-39, Midwest US
 16 Posts
Friday, September 7, 2012 4:07:03 PM
@Mackenburger,

Wars ultimately cost a lot more than they produce. The reason WWII led to a sustainable boom in U.S. and Soviet economy was due to a large chunk of European and English infrastructure being obliterated. After all was said and done, the U.S.S.R. and U.S. were the only countries able to keep up with any kind of demand.

A line graph like this is not very usefull with so many drastic peaks and valleys. The only thing this shows is that the U.S. economy is volatile, but has ultimately sustained itself over the last 25 years. If you were to introduce a line showing the trend, it would be going straight across the board.

VirtualParty
Male, 18-29, Eastern US
 794 Posts
Friday, September 7, 2012 3:57:06 PM
This graph is not peer reviewed I looked on the source site.

OutWest
Male, 50-59, Western US
 548 Posts
Friday, September 7, 2012 2:38:19 PM
Don't forget to not only look at who was the President at each time. But also who was in control of the House and Senate.

Sometimes a President not only gets all the blame, but all the credit when he has a co-equal branch of government that he is supposed to work with.

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