US Economy Archive:

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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Even with the low interest rates, housing prices continue to tank (with only Washington, DC showing an increase).

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A fantastic annotated heatmap from the Washington Post breaking down job creation/loss by sector. On the right is an interactive, slightly more annotated, line chart version of the same data. I prefer the heatmap. (related article)

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The Washington Post has mapped out a bunch of interesting stats concerning States’ Budget problems: shortfalls, pension liabilities, proposed cuts (health care, education, etc), and who is in charge. To sum up: this is yet another way we’re screwed beyond belief. (related article)

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Based on these indicators, things are returning to normal.

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More excellent work from VisualizingEconomics:

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An 85 foot long annotated timeline of early American financial and industrial history. Similar to the 1775-1943 Booms and Busts timeline I posted last year, this one isn’t quite as technical, but the historical notes are fascinating: 1877: “Guaranteed Mtges coming into use”, 1899: “100 taxis in New York”, 1910: “Movie censorship being demanded”.  (via)

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Patchwork Nation tracks a number of traditional economic and social indicators over time – but they also include some interesting alternative ones:

Cracker Barrel restaurants and Whole Foods Stores:
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Gun shops and Casinos:
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Bankruptcies 2007 vs 2010:
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Change in family income 1980-2010:
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