A very well done interactive of how people will be affected by the expiration of the 2001/03 tax breaks, as well as a what Obama is proposing.
Data compiled by Angus Maddison, an economist who died earlier this year, suggest that China and India were the biggest economies in the world for almost all of the past 2000 years. Why they fell so far behind may be more of a mystery than why they are currently flourishing.
(ps – the comments at the Economist are worth the read)
Roll over the timeline to see how funding, eligibility, and benefits have changed over the last 75 years. However, I think AP got the beneficiaries numbers completely wrong – the 2009 total is more like 52 million (source).
Correct graph:
Includes the recent $26 billion state aid package. Related article.
Napkins are not where you would expect to find good financial advice, but when they come from the New York Times they are worth reading (and each is linked to a related blog post).
Yields on top-rated, tax exempt US municipal bonds have dropped to near-record lows, allowing many local borrowers to access cheap financing in spite of their recent fiscal troubles. Following concerns over public finances in Europe, the $2,800bn market for “munis” has come into the spotlight after several years of budget deficits. Related articles.
This map displays unemployment, foreclosures, bankruptcies, or a composite “stress index”, by county. Easy to miss: in the upper right you can change the scale of the mapping (rates, m-t-m, y-t-y). To look at data over time, click on the “monthly rates” option and a historical slider will appear at the bottom. Double click on a region to zoom in. Updated 8/2/10.
Planet Money bought a toxic mortgage asset and has been tracking it’s death spiral. It’s now almost completely dead (non-performing). In a recent article they also tried to track down the people who originally took out the mortgages.
A great monthly status board for market and economic indicators. Click on anything – the popup details are great.
Why housing prices (and the economy) are not going to recover any time soon. (via The Big Picture; earlier post)
In: Bailout Finance Housing Source: WSJ Stock Market US Economy
1 Jul 2010The WSJ looks at indicators in seven areas to gauge whether we are sliding back into recession. Related article.
A collection of interesting charts, tables, maps, and interactive data toys -- with a focus on economics and graphic design.