Saturday, January 9, 2010

Stats on Parade

Something is Different This Time

Here is a chart from the New York Times showing the past six recessions.  Each line is a different recession and shows the ratio of the non-farm payroll k months into the recession to the non-farm payroll at the beginning of the recession.  The horizontal axis is number of months into the recession. 




Here's a quick quiz.  Which of these recessions saw massive governmental surgical intervention and which were simply nursed and allowed to heal themselves? 

1 comment:

  1. Umm . . . 1980?
    While we're at it, recessions are getting longer and longer -- does that correlate w/more gov't intervention?

    ReplyDelete

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