(click on images to enlarge)
A couple hundred years ago, economics was know as political economics. In spite of some long held beliefs, government has always helped business, as in giving railroads land, building airports and, I maintain creating the present dairy dilemma.
One graph is from a presentation given to the American Economic Association meeting in Atlanta. The entire presentation can be seen here: http://baselinescenario.files.wordpress.com/2009/09/recovery-and-crisis-presentation-for-glab-sept-14-2009.pdf
As Simon Johnson suggests, a new crisis is on its way. I would suggest the same could be said for dairy. There are too many people on the gravy train for government to get ahead of the impending crisis.
If you were to investigate just who profited off this current recession/depression, what would the results be? Is there such a thing as forensic accounting? CSI, if you will, of derivitives ?
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