Not Just Another Graph

From Atif Mian and Amir Sufi at House of Debt via Mark Thoma:

"If you must know only one fact about the U.S. economy, it should be this chart:"

This is actually an offensive situation. There are millions of working folks that could have pointed this out to the pointy heads economists years ago. Now it is all the rage to doctor the patient after she has died. Yup. The fire department saved that foundation.