Consider the following comparisons of key economic variables today to the peaks for those variable in the early 1980s (see graph above):Prime Rate1981: 20.5%2009: 4% (Current)Inflation 1980: 14.8%2008: 0% (December)Unemployment Rate1982: 10.8%2008: 6.5% (December)30-Year Mortgage Rate1981: 18.5%2009: 6.04% (Current)Real Gas Price (2008 dollars)1981: $3.45 per gallon2009: $1.82 (Current)
[via: Carpe Diem blog.]

Consider the following comparisons of key economic variables today to the peaks for those variable in the early 1980s (see graph above):

Prime Rate
1981: 20.5%
2009: 4% (Current)

Inflation
1980: 14.8%
2008: 0% (December)

Unemployment Rate
1982: 10.8%
2008: 6.5% (December)

30-Year Mortgage Rate
1981: 18.5%
2009: 6.04% (Current)

Real Gas Price (2008 dollars)
1981:
$3.45 per gallon
2009: $1.82 (Current)


[via: Carpe Diem blog.]

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