I keep hearing from Republicans that eliminating tax breaks and loopholes for corporations will cut jobs. The truth is that corporations are experiencing huge profits, and are not hiring. I did a quick and dirty chart over at Fred to illustrate this:
if I had the time I’d look into sector breakdowns and who is currently enjoying these tax loopholes – maybe someone else wants to do it?
Here’s another way of looking at it:
The profits are also not being passed on to employees: The long-term perspective below shows the degree to which the working man is currently getting the shaft:
(These later two charts are via)
The percent of people unemployed greater than a year is scary. (related article)
There’s a new study on the history of collegiate grade inflation. Fascinating stuff – particularly the difference in giving As in private vs public schools. Thanks to David Cramer for passing on the link!
Nice timeline from the WSJ tracing cumulative job losses and gains. The related article does a good job of explaining what’s going on.
Mother Jones has a series of graphs detailing how bad the American job market is:
My favorite economic status tool. Point and/or click on anything and everything to learn something new about the economy, and why you should care.
The NYT analyzed word usage in 40 2011 commencement speeches. The results are largely what you would expect. However, the differences between private, public, and religious schools are kinda interesting. (related speeches)
Percentage of 2009 Phd’s awarded to women, by discipline. (via)
Some interesting charts on income distribution, from the Washington Post. (related article)
Average earnings of different college bachelor’s degrees. Good to see engineering at the top. The most popular major?: Business – ick. The original study also breaks down earnings by gender and ethnic groups. (related Washington Post article)
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