The charts and data of this article, over at Barry Ritholtz’s Site, should be perused, studied and taken into consideration by commentators, pundits, CNBC, and all voters:
Hale “Bonddad” Stewart is a former bond broker with several regional firms. He has been involved with the financial markets since 1995. He is a graduate of the Thomas Jefferson School of Law’s LLM program with a dual concentration in international and domestic taxation. He currently practices tax law in Houston, Texas.~~~
BR: I have a different take than Hale does: Political types don’t care if they do lame economic analysis – intellectually integrity isn’t their “thing” — they are only interested in influencing voters by any means, regardless of truth or integrity or fealty to reality. Dishonest is simply a tool towards that end.
example of just one of the charts:
Then there is this: the left wants to think of itself as “champion of manufacturing.” Really? Then why has there been a complete dearth of writing about this chart:
Manufacturing is one of the primary drivers of this expansion. And I forgot to mention, the importance of exports as well:
That’s a record high for real exports. And yet, when it comes to the political left, they’re absolutely silent on the issue, even though, according to most, we need to “become a net exporter again.”
The above chart shows we’re on our way to being a net exporter, along with exports providing a tremendous boost to this expansion.
So, if you’re a political blogger and you want to write about economics, please answer the following questions prior to writing on economics.
I know, I put up two charts. I couldn’t resist. Read the article. Neither Political Party talks straight. This article and charts are enlightening.