Monday, March 30, 2009

Chart of the Day

The gray bars are recessions:


source: BofA/Merrill Lynch

5 comments:

OBloodyHell said...

WTF is "organic" personal income?

Farmer income from farms that don't use pesticides?

Money made from the sale of Ginseng on EBay?

@nooil4pacifists said...

Don't know, but I've seen it used w/o definition.

MaxedOutMama said...

It means personal income from the private economy (without welfare payments from the government).

MaxedOutMama said...
This comment has been removed by the author.
OBloodyHell said...

> It means personal income from the private economy (without welfare payments from the government).

I like my descriptions better. That's a stupid term, whatever nitwit came up with it. "True Earnings" or something would be better.

Thx, though, MoM.