Friday, July 03, 2009

 

Obama's Job Loss Curve Still A Straight Line To Hell

No Hope, And Certainly No Change

Obama Said™ back in January that if the Porkulus Bill didn't pass RFN that unemployment would get as high as 9 percent. But as Rush Limbaugh has recently pointed out, the most meaningless phrase in the English language is "Obama Said™".

Via America's Anchorman, this illuminating comparison of job losses and subsequent recovery in every recession since 1948. Five months after the bottom of the worst-case 1974 recession, job losses have almost doubled since Obama took office, and Obama's economy is still sinking like a boatload of Gigantic Cajones.



Calculated Risk is tracking the shiny new Obama economy.

Comments:
Bush's spending and lowering taxes
and the costs of his many Wars is the reason the USA is in the mess it's in.
 
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