Pretty charts. Ugly news.

A few pretty and devastating graphs.

First: Percentage job loss from peak during post WWII recessions (Calculated Risk):

Second: year-over-year delinquency rate changes, where red indicates an increased rate and green indicates a decreased rate (New York Federal Reserve):

Third: the current delinquency rate as of the second quarter of 2009, where a darker color indicates a higher rate (ibid):

Good Article on Economy

There's nothing particularly outstanding about the content of this article, but as I read it, I realized I wish all economic articles were written this way. It assumes the reader doesn't have a Ph.D. in economics but is smart enough to grasp an outline of the ideas. I really appreciate that, and apparently I'm not alone in wishing more articles struck the balance.