Sunday, September 20, 2009

Cartoon, Graph of the Day

From Henry Payne, Detroit News

Exhibit A:


8 Comments:

At 9/20/2009 9:13 AM, Blogger Rusty in Pittsburgh said...

Fan Letter:

I get the point of Debt/GDP, that bigger is worse. But I cringe nonetheless, because this mixes balance sheet (debt) with income statement (GDP). How about a debt/equity number or a net-assets number? Or times-interest-earned?

Bob Barry, Pittsburgh

 
At 9/20/2009 2:15 PM, Blogger 1 said...

From USAToday, dated May 19, '09: When obligations of state and local governments are added, the total rises to $61.7 trillion, or $531,472 per household. That is more than four times what Americans owe in personal debt such as mortgages...

 
At 9/20/2009 4:14 PM, Anonymous Anonymous said...

Private debt to GDP soared from 60% in 2001 to 105% in 2009, while government expenditures as a percent of GDP remained constant.

The government has taken on a lot of debt recently to rescue a lot of drunk banks.

Here is the data. Drink this.

http://www.comstockfunds.com/files/NLPP00000/425.pdf

http://www.comstockfunds.com/files/NLPP00000/424.pdf

 
At 9/20/2009 4:17 PM, Anonymous Anonymous said...

For some reason the phrase pdf was truncated after the cites listed above, so you need to ad "df" following the "p" in the cites.

 
At 9/20/2009 5:10 PM, Blogger QT said...

Anon.,

URLs often get cut off when you cut & paste. HTML is a simple programming language used to format text on websites. HTML allows you to format the text ie. bold or italics or post an internet link which users can access by clicking on highlighted text.

It isn't that hard. See HTML lessons.

The tags have code to turn on and a code to cancel the command. Read a bit about it so you understand the basic concepts then jump down to item 8c which will tell you the exact format to post a URL.

You can copy the basic format into a file so that you can use copy & paste to insert the URL and the phrase to activate the link.

 
At 9/20/2009 5:13 PM, Blogger sethstorm said...

That doesn't excuse the misdeeds of Wall Street in the first place.

 
At 9/21/2009 3:52 AM, Blogger 1 said...

"That doesn't excuse the misdeeds of Wall Street in the first place"...

What are these alledged misdeeds you speak of sethstorm?

How many of these alledged misdeeds was a result of federal government interference into the free marketplace?

 
At 9/21/2009 4:07 AM, Blogger 1 said...

Fed plan includes policing bank pay

Proposed regulation on compensation infringes on Del. courts, experts say

 

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