Explore The Day, The O'jays, and more!

'Historically, the change in total personal taxes as a percent of GDP moves roughly in line with the year-over-year change in GDP.    But in 2012, all that will change. As you can see, the expected surge in taxes as a percentage of GDP will almost certainly blow past any growth we'll see at the same time.' source: BI

CHART OF THE DAY: The Coming Taxmageddon Is Like Nothing The Economy Has Ever Seen Before

There is no GDP growing under the US Ficsal Cliff.

US Bank Lending Standards have eased.

US Bank Lending Standards have eased.

Social Security, Health, and Interest Spending Account for Four-Fifths of Spending Growth | Committee for a Responsible Federal Budget

Social Security, Health, and Interest Spending Account for Four-Fifths of Spending Growth

US bank lending standards are back to normal.

US bank lending standards are back to normal.

After the Eurozone Crisis of late 2011 US borrowers have started borrowing again.

After the Eurozone Crisis of late 2011 US borrowers have started borrowing again.

US Government regulations have not negatively impacted corporate profits.

TREASURY: Here's The True State Of The Economy Right Now

US Government regulations have not negatively impacted corporate profits.

The US consumer has been driving growth whilst also deleveraging.

TREASURY: Here's The True State Of The Economy Right Now

The US consumer has been driving growth whilst also deleveraging.

Fiscal austerity has meant the US public sector could not contribute to growth.

TREASURY: Here's The True State Of The Economy Right Now

Fiscal austerity has meant the US public sector could not contribute to growth.

According to the Bureau of Economic Analysis, the economy grew by a modest 2 percent in the third quarter of 2012.

According to the Bureau of Economic Analysis, the economy grew by a modest 2 percent in the third quarter of

Everything Goldman tracks looked good in real time in March, until things became ugly in real time in April.

Everything Goldman tracks looked good in real time in March, until things became ugly in real time in April.

Pinterest
Search