Sunday, September 29, 2013

29/9/2013: It used to be Taper, now it's a Shutdown...

As the US moves into another pre-shutdown stage of its fiscal debacle, here are few charts to illustrate the partisan nature of the problem:


So basically and roughly-speaking the US 'won' the Cold War on some USD3 trillion, then did something with the War on Terror for ca USD5 trillion more and failed the Great Recession War at USD5 trillion and counting... hmmm...

And via the 1995-1996 crisis dynamics.

More from Pew Research:

Potential impact estimates? Try this (albeit partisan):
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