by Calculated Risk on 12/27/2006 01:11:00 PM
Wednesday, December 27, 2006
GDP Growth: With and Without Mortgage Equity Withdrawal
UPDATE: Please be sure to see this later post explaining this graph. The graph is accurate, but can be misleading, and several commentators have described the graph incorrectly. The impact of MEW isn't cumulative, and looking at the graph I can see how people thought it was (so I've discontinued using the graph)..
Original post deleted because of confusion. See the above link for the graph.