Comments on: Meanwhile, Back at the Economy… http://jaredbernsteinblog.com/meanwhile-back-at-the-economy%e2%80%a6/ Facts, Thoughts, and Commentary Wed, 19 Jun 2013 17:43:34 +0000 hourly 1 By: Tom in MN http://jaredbernsteinblog.com/meanwhile-back-at-the-economy%e2%80%a6/#comment-47608 Tom in MN Tue, 15 Nov 2011 18:08:29 +0000 http://jaredbernsteinblog.com/?p=2902#comment-47608 The second plot is informative, the first is not as useful.

Your first plot says “spending more than earning” but is year over year changes and spending is coming out of a massive hole. Your next plot shows dept service dropping, so it does not seem to be the case that spending is more than earnings if debt is going down.

I’d like to see a plot of retail spending/earnings (total not changes) to see if spending is really back up to previous levels or not — which if we are short of demand most likely is not. The year over year changes are hard to integrate and relative levels mean more.

]]> By: Tyler http://jaredbernsteinblog.com/meanwhile-back-at-the-economy%e2%80%a6/#comment-47598 Tyler Tue, 15 Nov 2011 17:59:52 +0000 http://jaredbernsteinblog.com/?p=2902#comment-47598 Are you referring to the Supercommittee To Halt American Exceptionalism (SHAME)?

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