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How Fast We'll Grow After the Recession
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True to its word, the administration released a huge number of tedious-sounding budget documents this morning (eg, "Dimensions of the Budget"). Run, don't walk, to find them here. As Tim Fernholz says, the newsiest non-healthcare item in the document dump is probably the the revised deficit estimate -- it's going to be about $90 billion higher this year than in February.
But the budget release is also of full of nice raw data about the economy. I've slogged through about 2% of the whole thing, but let me stop and recommend this chart on what economic growth has looked like after previous recessions:
But the budget release is also of full of nice raw data about the economy. I've slogged through about 2% of the whole thing, but let me stop and recommend this chart on what economic growth has looked like after previous recessions:
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