Things having to do with economic / financial issues.
Very interesting series of charts and graphs giving a graphical picture of our current and future economic situation within the U.S. The link below is for downloading these series of charts:
Link (This download is about 10MB – large, but the charts are worth it)
Here are a couple of examples:
(Good, easy-to-read overview of our current economic situation)
by Charles Wheelan, Ph.D.
Ben Franklin supposedly said that it’s better to skip supper and go to bed hungry than it is to wake up in debt. Ben would be quite disappointed in us. We Americans didn’t skip dinner; instead, we opted over the past decade to gorge at the buffet and then charge it.
We woke up as the world’s largest debtor — so deeply in debt that our global creditors are getting nervous, and rightfully so.
Here are some economic realities associated with our deepening fiscal hole. Continue reading “Mountains of Debt: America’s Economic Realities”
By Arthur B. Laffer
This is for committed obligations that we don’t have the wherewithal to pay for right now.
Each U.S. household currently has a $550,000 in debt obligations.
http://www.usatoday.com/news/washington/2009-05-28-debt_N.htm
How much is a Trillion dollars? Here’s what $700 Billion looks like.
Want to understand why it’s this much? Watch this: Link
Want to know how much we, I mean the Government, is spending to rescue the economy? $10.5 Trillion and climbing.
From CNN.Com The government is engaged in an unprecedented – and expensive – effort to rescue the economy. Here are all the elements of the bailouts. Link
While Japan has been used as a cautionary tale in the U.S. economic downturn, guest columnists Sanford M. Jacoby and Sally Kohn argue that management approaches common in Japan offer lessons for U.S. companies as they recover. Link
Nice interactive economic dashboard. Gives a good graphic overview of some of the important aspects of the economy. Link
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