Philly Phed Phail

Click for full size

---

The Map Pr0n

and the Graph Pr0n

Calculated Risk looks at the quarterly change in the Philadelphia Fed's 50 state coincident index, and the map, and the graph and the map is getting redder (worse).

The idea that this is going to a meaningful recovery with a significant fiscal push from the government, which ain't happening, because the 'Phants are tanking the economy deliberately for political gain, is pure panglossian delusion.