Some more sources courtesy of Rachel

Rachel's post below draws on some good sources beyond what I've already posted. The first deals with the widening income data I mentioned Friday in A Period.

The second source shows equity index data since the 1980s. Can you say "profits income?"

Final source she used is a look at house prices in Ireland. The parallels are scary and since this is a global recession. It makes great sense to consider this, especially since many people overlook the international components at work here.

Long Run Aggregate Supply... Think about it...