The following chart shows government total expenditures divided by wage and salary accruals.
Click to enlarge.
The future's so bright I gotta wear rose-colored trend channels.
In all seriousness, I believe with every fiber of my being that we will someday return to the red trend channel. The Great Recession got us there last time. I wonder what we'll call the next one.
Source Data:
St. Louis Fed: Custom Chart
Click to enlarge.
The future's so bright I gotta wear rose-colored trend channels.
In all seriousness, I believe with every fiber of my being that we will someday return to the red trend channel. The Great Recession got us there last time. I wonder what we'll call the next one.
Source Data:
St. Louis Fed: Custom Chart
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