cicerone imposter wrote:When we view the quarterly graph, it seems very chaotic without any clue about the cumulative long-term trend. It's really awesome to see both, and realize the ups and downs during the year is a 'natural' dynamic of our economy.
Glad you're beginning to see "The Dynamic", c.i. , and that chart isn't chaotic at all; it shows that periods of negative growth are brief, abberational, and are isolated between protracted periods of growth. That precisely is the dynamic.
Just for a little more fun with graphs, this one, from
The Bureau of Labor Statistics, shows that the October '03 Total US Employed tally, 138,014,000, is the largest number of Americans ever employed.
US EMPLOYMENT HIGHEST EVER would be a perfectly valid headline