Graph of Peak Debt and Employment In Select Areas

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Subject:	Pictures Worth Thousand Words: Peak Debt and Employment In Select Areas
Date:	Fri, 19 Aug 2011 07:01:25 -0700
From:	Jas Jain

Pictures Worth Thousand Words: Peak Debt and Employment In Select Areas

Graph Sources:

Debt by states: http://rortybomb.wordpress.com/2011/08/18/investigating-the-link-between-debt-deleveraging-and-the-texas-miracle/

Employment by Fed districts: http://dallasfed.org/news/speeches/fisher/2011/fs110817.cfm

 

Please note that in SF and NY Fed districts employment is below the peak in 2001Q1. Only dishonest economists, e.g., Bernanke and Krugman, think that the US should have the same monetary and fiscal polices, including tax policies, for the most pathetic Fed district, NY, and the most prolific Fed district, Dallas, if employment is the main concern. Houston, we have a problem; sorry, we have multiple problems. Only dopes have faith in economic manipulators. Bernanke and Krugman are lot worse than snake oil salesmen. They are part of the problem and expecting solutions from them is idiotic.
xxxx

Jas