Sunday, May 27, 2012

Chart of the Day (Musical Tribute)

Click to enlarge.

Source Data:
St. Louis Fed: Custom Chart


Fatboy said...

It's ALL an Illusion of Prosperity, dude. Don't you get it?

Stagflationary Mark said...


illusio prosperitatis non grata

Jazzbumpa said...

You get an exponential fail from govt recpts alone - no denominator required - though that does make it more dramatic.

But - what is the point of the division? Govt receipts come from taxes and 1)tax rates are down, and 2) employment is down so people have less taxable income.

There is no surprise here.

Am I missing something?


Jazzbumpa said...

Should have linked the chart.


Stagflationary Mark said...


My point is actually concerning the exponential rise in government receipts vs. wages over the years and its ultimate failure.

It's behaving like just like a laffer curve would predict.

Stagflationary Mark said...

Put another way, there was no chance this chart would hit 100%.