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Favorite Economic Charts

 
 
 
Cheerful Charlie

Cheerful Charlie

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I am starting a thread here for economics charts. Economics and politics are pretty much entwined. Economics can and should drive politics, although often enough, it does not.

Wage stagnation, wage inequality and more. From time to time in debates in various forums, I find myself finding nice little illustartive charts to illustrate points to demonstrate important points. Lately I have been saving a few since certain foolish arguments seem to be reoccuring.

Anyway I want to start this thread so others who find charts for their debates can post them somewhere for others to enjoy.

1%-vs-bottom-50%-wages.png

real-gdp-per-capita-median-weekly-earnings-1980-2013.png

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Somebody is getting all the money. Not the American worker. Wage stagnation and wage inequality.
 

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6a00d83451cbef69e201bb097d6928970d-pi
 
Another version of a graph above. Where did all that wealth go? Redistributed to the substantial people to the detriment of society as a whole.

EPI_productivity_compensation.png
 
One graph explains the economy.

Sector balances in the US.png​

The insight that has still not made its way into the mainstream. A simple bookkeeping fact that between the government, the private sector and money either entering the country or leaving the country through foreign trade, all of the surpluses and all of the deficits must add to zero. This is why austerity doesn't work, why we can never pay off the accumulated national debt.
 
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