graphs and charts

This particular economic period is providing data for all sorts of interesting and unusual charts. Ed Morrisey shows two of them in his Chart of the Day: The Laffer Spike. The Laffer Spike is about “our exploding money supply” which shows an annual percentage change in the monetary base from 1961 to 2000. That one shows that the current status is near ten times any previous level.

The other shows the federal deficit, actual and projected, for the period from 2000 through 2019. It has been a very popular graphic because of the change from ‘normal’ deficits for 2008 and prior increase by a factor of 4 starting in 2009.

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