The magenta (that's purple for you liberals) line represents the Bureau of Economic Analysis number that trails consumer data on a quarterly basis. The blue (that's the color of some ink pens for you liberals) line depicts the Consumer Metrics Institute's Daily Growth Index.
The green line represents the 2006 contraction; the red line 2008; and the blue line illustrates our current situation. In short: have you ever seen the movie Journey to the Center of the Earth?
The current weighted composite sector index -- which measures activity in various sectors of the economy like retail, housing, etc. -- appears to have the following reading: "ICEBERG, DEAD AHEAD!!"
Gee, a massive tax hike in the form of the expiration of the evil Bush tax cuts ought to really spur some growth. Right, Vladimir?
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