A Decade To Forget!

This graph from the Washington Post compares the 2000’s with other decades.

A brief rundown of why this is one the worst decades in U.S history and why we should forget this decade but not how we ended up there!

• Job Growth Nearly Zero
• Economic Output (GDP) weak
• Household Net Worth Fell As Stock Prices Stagnated
• Home Prices Crashed In The Second Half
• Consumer Debt Skyrocketed

Source:
The lost decade for the economy
NEIL IRWIN, CRISTINA RIVERO AND TODD LINDEMAN
Washington Post, January 1, 2010

http://www.washingtonpost.com/wp-dyn/content/graphic/2010/01/01/GR2010010101478.html

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Tags: GDP, Housing Market, unemployment

This entry was posted on January 6, 2010 at January 6, 2010 and is filed under Housing Market, U.S Market. You can follow any responses to this entry through the RSS 2.0 feed.