Jumping off from from my previous entry about unemployment benefits, I wanted to share this chart, which was presented to the House Budget Committee earlier this month by Mark Zandi, the chief economist of Moody’s Economics and former economic adviser to Senator John McCain during his presidential run. Mr. Zandi’s full testimony is available here, and is worth a look. It provides a great overview of the government’s efforts to combat the Great Recession, what the effects have been, and what we should look at going forward.
