[1]You can listen to CNBC, and the president, drone on about the recovery, about the wealth effect, about trickle-down economics, about why adding $150 billion in debt per month is perfectly acceptable, and about a brighter future for America and the world... or you can take a quick look at these two charts and immediately grasp the sad reality of where we stand, and even sadder, where we are headed.
Chart 1
[5]
Chart 2
[6]
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Links:
[1] http://www.zerohedge.com/users/tyler-durden
[2] http://www.zerohedge.com/taxonomy_vtn/term/12433
[3] http://www.zerohedge.com/taxonomy_vtn/term/12218
[4] http://www.zerohedge.com/taxonomy_vtn/term/11361
[5] http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2012/03/Future%20Debt.jpg
[6] http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2012/03/income%20disparity.jpg
[7] http://www.bis.org/publ/work300.pdf?noframes=1
[8] http://www.nytimes.com/imagepages/2012/03/26/opinion/26rattner-graphic.html?ref=opinion