INTERACTIVE: All the budget plans in one chart

Posted by & filed under Wonkblog.

Between the Ryan budget, and the Senate Democrats’ budget, and the Progressives’ budget, and the Republican Study Committee’s budget, it can get pretty hard to keep track of who wants what as Congress sets about determining spending and revenue levels for the next year. To help you out, my brilliant colleagues at the graphics team… Read more »

Chart: Median household incomes have collapsed during the recession

Posted by & filed under Wonkblog.

Catherine Rampell of Economix points to a new report (pdf) from Sentier Research showing that median household income has plummeted 7.3 percent since the recession began: Back in 2007, median household income was $ 55,438. That’s declined to $ 51,404 in February 2013. Those numbers are pretax and adjusted for inflation and seasonal factors. A… Read more »

This is actually the scariest chart about Europe

Posted by & filed under Liberal Dribble.

A new analysis by three economists at BofA Merill Lynch Global Research finds that Europe’s major economies may be doomed to sluggish growth for many years to come: The authors point out that countries suffering from a recession brought on by a housing bubble typically take a long time to recover (five-and-a-half years, on average)…. Read more »