Thursday, February 5, 2009

Working with Prof Nunes on the Monthly Data

Professor Nunes gives more detail on consumption, and takes a look at real disposable income (I think aggregate, rather than per capita) subtracting out the rebate from earlier in the year.

I think the monthly data look pretty good. But President Obama says that a catastrophe is coming.

[I think the Lehman arrow needs to be moved one bar to the right.]

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