Wages vs. Personal Consumption Expenditures

The following chart shows wages and salary accruals divided by personal consumption expenditures.<br /><br /><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhUryqZTp0AbsUes3Zl8El0dlQmPCX5xVpGJqwQTpU9RFm4HVXp1gBgdbWArEkaNVAS5bOBD70ZWNHlPdEultciLMURmrTESnfB04twJIoHNuSsEUrCfsWqVQN1ysoAgTtGrrsMg7YI_-k/s1600/Wages+vs.+Personal+Consumption+Expenditures.jpg" imageanchor="1"><img border="0" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhUryqZTp0AbsUes3Zl8El0dlQmPCX5xVpGJqwQTpU9RFm4HVXp1gBgdbWArEkaNVAS5bOBD70ZWNHlPdEultciLMURmrTESnfB04twJIoHNuSsEUrCfsWqVQN1ysoAgTtGrrsMg7YI_-k/s320/Wages+vs.+Personal+Consumption+Expenditures.jpg" /></a><br /><span style="font-size: x-small;">Click to enlarge.</span><br /><br />This truly is a typical post-recession recovery! Note the lack of anything significant happening to the upside again.<br /><br />I probably should have put quote marks around the word recovery to imply sarcasm.<br /><br />If the overall downward trend in this chart is a good thing, then we clearly need more recessions. That's pretty much when the perma-drop (a drop with no recovery) happens.<br /><br />More spending! Less pay! Long-term! Food-stamp utopia!<br /><br /><b>December 18, 2013</b><br /><a href="http://www.nationaljournal.com/economy/most-americans-want-tougher-food-stamp-requirements-20131218">Most Americans Want Tougher Food-Stamp Requirements</a><br /><br /><div style="color: #666666;"><i>National Journal poll finds two in three people think the biggest problems with the program are waste, fraud, and abuse.</i></div><br />Those are certainly the "biggest" problems with the food-stamp program, right behind <a href="http://research.stlouisfed.org/fred2/series/GINIALLRH">rising income inequality</a>, <a href="http://en.wikipedia.org/wiki/Dot-com_bubble">bubble growth</a>, and the <a href="http://en.wikipedia.org/wiki/Great_Recession">Lesser Depression</a> of course. That said, <a href="http://www.upi.com/Top_News/US/2013/11/01/Food-stamp-cuts-affect-1-in-7-Americans/UPI-91301383287400/">one in seven people</a> may strongly disagree with two in three people. Hard to say!<br /><br />Whew! Got those sarcastic quote marks around the word that time! Yes!<br /><br /><b>Source Data:</b><br /><a href="http://research.stlouisfed.org/fred2/graph/?g=qgU">St. Louis Fed: Custom Chart</a>

Wages vs. Personal Consumption Expenditures

The following chart shows wages and salary accruals divided by personal consumption expenditures. Click to enlarge. This truly is a typical ...

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