Tuesday, July 15, 2008

Graph of the day

at Felix Salmon's:

He writes:
Since 2000, bank deposits have grown from just under $4 trillion to just over $7 trillion: that's an increase of $3 trillion, or $30,000 per household. And this during a time of record-low savings rates and soaring household debt ... And maybe the next time someone asks George Bush to defend his economic record, he might do well to ask them how much money they have in their bank account today, compared to when he took office. Judging by this chart, there's a very good chance the number will have risen substantially.


at Chris Masse's:

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