tag:blogger.com,1999:blog-10162381.post7875075290342368800..comments2023-10-29T10:41:21.303-04:00Comments on Castro's Favorite Color: Two Graphs on UnemploymentHowardhttp://www.blogger.com/profile/14914637175040341245noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-10162381.post-89158560311019700882010-07-16T15:42:26.482-04:002010-07-16T15:42:26.482-04:00I got so frustrated with the Laffer graph that I h...I got so frustrated with the Laffer graph that I had to go find the data myself (Bureau of Labor and Department of Labor) to recreate it. The data to recreate the chart is in this google docs spreadsheet - <a href="http://spreadsheets.google.com/ccc?key=0ArVk9bzeMgyudGxPZC0xZXJvTUMzcFZ1OHpaTGVQdGc&hl=en&authkey=CKHBl-4H" rel="nofollow">Unemployment statistics 1971 to 2010</a>. I also <a href="http://honesthypocrite.blogspot.com/2010/07/recreating-laffers-unemployment.html" rel="nofollow">explain its creation</a> the way Laffer should have in his opinion piece. <br /><br />In short the peaks in the unemployment benefits paid occur from 9 to 13 months after the peak in unemployment rate. Even the most egregious examples of correlation being mistaken for causation have the cause preceding the effect, unlike here.Richardhttps://www.blogger.com/profile/18117573567556136072noreply@blogger.com