Look: I am eager to learn stuff I don't know--which requires actively courting and posting smart disagreement.

But as you will understand, I don't like to post things that mischaracterize and are aimed to mislead.

-- Brad Delong

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Everything that appears on this blog is the copyrighted property of somebody. Often, but not always, that somebody is me. For things that are not mine, I either have obtained permission, or claim fair use. Feel free to quote me, but attribute, please. My photos and poetry are dear to my heart, and may not be used without permission. Ditto, my other intellectual property, such as charts and graphs. I'm probably willing to share. Let's talk. Violators will be damned for all eternity to the circle of hell populated by Rosanne Barr, Mrs Miller [look her up], and trombonists who are unable play in tune. You cannot possibly imagine the agony. If you have a question, email me: jazzbumpa@gmail.com. I'll answer when I feel like it. Cheers!

Friday, April 12, 2013

What The Hell ?!? Friday - Dude, Where in the Hell is my Recovery? Edition

Have you wondered why the recovery hasn't felt much like one?  Stagflationary Mark demonstrates why with this custom FRED graph of real wage and salary disbursements per capita (February 2013 dollars).

Mark often superimposes a trend line curve on the underlying data, but didn't this time.  No matter - it's easy to eyeball an exponential trend with an asymptote somewhere around $23,000.

So -- Where IS our recovery?  I've been wondering for a long time.


Stagflationary Mark said...

I thought about adding trend lines but decided simpler was better this time.

I almost added lines showing the recovery after 1980, after 1990, after 2000, and after 2010. That had a nice ring to it.

I would have changed the name of the post as well..

One of These Trends Is Not Like the Other Trends, One of These Trends Just Doesn't Belong!

Seemed to wordy, lol. Sigh.

Sam Edge said...

I think you have two sites? I am lost :)

Jazzbumpa said...

I do, I do.