Sunday, September 06, 2009

Chart of the day

Click to enlarge.

1 comment:

Paradigm Shifter said...

Consider what the administration is now saying, which is unemployment is not set to go down until Q2 or Q3 of 2010. This means that their performance is the same shape as the line they showed without the stimulus bill, and the magnitude is even worse than that same line. It just goes to show how little impact on the economy such asinine proposals as the stimulus bill actually have. How much better could it have been if government had actually cut spending and returned the savings to consumers and businesses in the form of tax cuts? We'll never know, but I can hazard a guess.