The US GDP report for the second quarter of 2012 is out today. It says the US economy is slowing.  It’s not for lack of business investment. This chart shows that business investment – or “non residential investment” – is way up.

Now look at the other line. Government spending is way down. For economist Paul Krugman, it’s this premature austerity that’s choking the US economy.

Posted in: Infographic of the day