Get Your Blog Up

“This administration is populated by people who’ve spent their careers bashing government. They’re not just small-government conservatives—they’re Grover Norquist, strangle-it-in-the-bathtub conservatives. It’s a cognitive disconnect for them to be able to do something well in an arena that they have so derided and reviled all these years.”

Senator Hillary Clinton

Tuesday, December 13, 2005

Charting the growth

If you are looking to see the effect of people withdrawing equity from their homes on the GDP, look no further than this chart over at Calculated Risk.

It's not a good sign for the future, where equity withdrawal is expected to drop.