Via the Onion, comes this frickin’ hysterical tv panel discussing the all important question: Are America’s Rich Falling Behind The Super-Rich?
Panelists discuss a new study showing the gap between the wealthy and the absurdly wealthy is widening, and how we can help the merely rich catch up.
Directly on point with our last post on NILFs and the labor participation rate, David points us to this delicious econ-wonk chart (below). It shows the relationship between a declining Employment Population Ratio, and subsequent recessions: Fascinating chart — thanks for the pointer, Dave, and thanks Adam for the chart! > Source: EM-Ratio — What,…Read More
Because of the office move (broadband gets hooked up today tomorrow), I have been a few days behind in tearing apart major releases. Yesterday, we gave the business to last week’s Back-to-School sales data, which was weaker than it appeared. We previously noted the many different ways BLS measures and reports unemployment (A Closer Look…Read More