Thursday, May 17, 2012

Three charts and a table

James Pethokoukis has "The 3 economic charts that could crash Obama’s reelection hopes". The first is a chart showing real GDP growth for the most recent seven recoveries from recession, measured from the trough to 12 quarters later. Consider this a follow-up to a post of his from January and a post of mine the next day. His third chart is one that I've been harping on for some time, the employment-to-population ratio, which should replace the unemployment rate because it captures the fact that millions have left the labor force.