This one chart explains EVERYTHI–well, no, but it’s still an important chart

You ever get tired of those “OMG THIS ONE [MAP, CHART, GRAPH, WHATEVER] EXPLAINS EVERYTHING/IS THE MOST IMPORTANT THING EVER” posts you see all over the place?

Yeah, me too. But every once in a while, they kind of have a point. Matt Yglesias says this is “The most important chart about the American economy you’ll see this year,” and we’ve still got three months to go, but I think he might be right:

Forget lopsided expansions. We’re in an “expansion” where 90% of the country is literally still getting worse off. That’s not an expansion in any meaningful sense.


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.