The Lost Decade

[dtotire]

[jotsy]

1. Excellent graphics.

Middle chart, right side, and I'm thinkin' wow what a gap. The most significant part of the chart on the right is ironically, hard to see. Guess that's what happens when your leaders build a black hole of monetary murkiness. Clean the damn chalkboards, man do we need to do some serious recalcs using different primes.

k and r

[Uncle Joe]

2. I view it as the Selected Decade, this path was chosen by the powers that be.

Thanks for the thread, dtotire

[JohnWxy]

3. In case anyone wants to read the article the graphic was used in here's the link:

http://www.dailykos.com/story/2010/3/4/843147/-More-on-the-Lost-Decade,-Courtesy-of-Cheney-Bush



and the article the graphic came from in the Economist: http://www.economist.com/world/united-states/displaystory.cfm?story_id=15579916


good stuff!

[JohnWxy]

4. Time magazine had a good article on this. They called it "THe Decade from Hell"

http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=114x74508

For the average working stiff, it was a pretty lousy 10 years. The median household income in 2000 was $52,500. Last year (the most recent year available (2008_JW)) it was $50,303. And given that the unemployment rate has climbed to 10.2%, income will almost certainly drop again this year. Low-income Americans fared even worse. In 2000, 11.3% of Americans were living below the poverty line. By 2008, that number had risen to 13.2%. Meanwhile, the percentage of Americans without health insurance increased from 13.7% to 15.4%.


median household income: DOWN 4%

Number of uninsured: increased by 12.4%

http://www.cbpp.org/cms/index.cfm?fa=view&id=3090

http://citizenwells.wordpress.com/2008/02/24/federal-income-tax-clinton-versus-bush-comparison/

from 1999 - 2009 income tax rate for $50,000 income (single) came down 10.7%

from 1999 - 2009 income tax rate for <$1,000,000 income came down 22.7%

[troubledamerican]

5. The Lost Constitution

[Demeter]

6. Exactly Why It Won't Get Better

The Foundation of the Nation has been demolished.