Tag: economics
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Budget Sequestration and US Austerity
First things first, the verb is to sequester. The noun is sequestration. 1 March is not when the sequester begins. It is when the sequestration begins. Now that we have the preliminaries out of the way, much is made of high government spending relative to revenue. However, this conversation still misses the point that government…
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Canadian Debt
Canada, along with Australia, was one of the few Western, industrialised economies to weather the global recession of 2008 fairly well. However in recent years, despite the economic boom in the energy-rich western provinces, many of Canada’s provinces have been accumulating substantial—though not yet crippling—levels of debt. Toronto’s National Post explores the federal and provincial…
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US Healthcare State Exchanges
Later this month the Affordable Care Act mandates states decide on how they wish to implement the state healthcare exchanges. The Guardian’s US interactive team has created this interactive application to track the state decisions. Each state is clickable to provide further details on what has been decided. Credit for the piece goes to the…
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Average Household Spending
This tree map from the Wall Street Journal looks at an interesting subject: average household spending. How much are we spending on housing, on food, on transportation, &c.? But I’m not so sure that the main visualisation is necessary. I appreciate the big colour and splashiness, but the space use seems inefficient. Perhaps if the…