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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: russwinter who wrote (108204)	5/3/2010 5:14:08 PM
From: Amark$p	1 Recommendation of 110194

here is good graph on transfer payments... real personal income less transfer payments calculatedriskimages.blogspot.com The second graph shows real personal income less transfer payments as a percent of the previous peak. Unlike the recovery in GDP, real personal income less transfer payments has barely increased and is still 6.6% below the pre-recession level. The peak of the stimulus spending is in Q2 2010 (right now), and then the stimulus spending starts to taper off in the 2nd half of 2010. So underlying demand better increase soon - and that means jobs and incomes going forward.

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