US Economy Archive:

Four perfect graphs from the NYT (as usual) putting the debt crisis into perspective.

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Thanks to Kanal Eliezer for sending in the link!

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WTFnoway.com presents literal visualizations of how many Benjamins the US debt really amounts to.

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The percent of people unemployed greater than a year is scary. (related article)

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Why we have a debt problem:

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An interesting chart on different benchmarks that are required by the Bill. At closer inspection though, you realize all it does is describe the sections and count the requirements. It would have been nice if you could drill down and see the details of each of the colored lines, for example. The main impression remains, however: the Bill’s implementation is very complicated – which I suppose is in contrast to the wide agreement that it doesn’t actually solve any of our financial systems’ problems.

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American Public Media created a fun online game where you try to balance the budget by selecting priorities and playing policy cards.  The interface is amusing, but does take a few minutes to grasp – watch the introduction. (via)

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Nice timeline from the WSJ tracing cumulative job losses and gains. The related article does a good job of explaining what’s going on.

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A pretty comprehensive explanation of the financial crisis. (via The Big Picture)

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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.

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Some interesting charts on income distribution, from the Washington Post. (related article)

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Interactive tool from the WSJ. Select benefit reductions, tax increases, and/or benefit increases to see if you can make it solvent. (note: to get around WSJ paywall, google search for “saving social security wsj” then jump to the tool using the result there)

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A number of these charts have been making the rounds, using different measures. Some of the projections obviously have to be taken with a grain of salt, but the basic message appears to be that letting the Bush era tax cuts expire would relieve a lot of budget pressure. Each of the links below go to fairly in-depth blog posts.image image

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America’s military spending is larger than the next 17 countries combined.

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Despite public perception of immigrants as being poorly educated, the high-skilled U.S. immigrant population today outnumbers the low-skilled population. (related article; original study)

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On the left, a comparison of budget proposals. On the right, a videographic that is sort of “debt ceiling for dummies”. Both from the Washington Post.

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An addictive collection of beautiful charts, graphs, maps, and interactive data visualization toys -- on topics from around the world.

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