Out of the Race

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Saturday, July 31, 2010

Recovery Summer?

The image to the left (click to enlarge), which appeared on the front page of the Wall Street Journal on Saturday, 31 August as part of this story (might be behind a subscription firewall), is definitely worth a thousand words.

I'm no economist, but what these graphs say to me is, the recovery is anemic and might be headed for a "double dip", the stimulus didn't work, and the Administration and its allies in Congress have both made the recession worse and are killing economic recovery as a result of excessive and irresponsible debt and tax measures.

We MUST get rid of those people in November. If we don't, look at the videos of recent events in Greece--that's what our cities will look like in another year.

Labels: Congress, Debt, Deficit, Democrats, Economics, Economy, government, Obama, Recession, Recovery, Stimulus, Tax policy

# posted by ExRat @ 9:53 AM

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Thoughts

"The problem with a narcissistic president is not just that he sees the world as all about himself, but that the world soon sees that it is not about him at all.--Victor Davis Hanson, "Presidential Narcissism", National Review Online, 9 May 2012

"The natural progress of things is for liberty to yield and government to gain ground. As yet our spirits are free."--Thomas Jefferson, letter to Colonel Carrington (27 May 1788)

‎"Excellence is not a singular act, but a habit. You are what you repeatedly do."--Shaquille O'Neal

"In a world where every one thinks of himself as white, black, gay, straight — we have forgotten that the real distinction is between who holds power and who does not. Nothing else matters."--Richard Fernandez, 1 July 2010

"Everything the government touches turns to crap."--Ringo Starr

"There is no worse tyranny than to force a man to pay for what he does not want merely because you think it would be good for him."-- Professor Bernardo de la Paz, The Moon is a Harsh Mistress by Robert A. Heinlein

"While North Korea itself may not be a proximate threat, the failure of the international community to stop even this impoverished and bizarre regime suggests that it is fundamentally toothless or has forgotten how to bite. What chance is there of blocking the stronger aspiring powers? None. It’s over. Ignoring North Korea isn’t a sign of confidence. It’s just whistling past the graveyard." Richard Fernandez, May 27, 2009.

"The nation that will insist upon drawing a broad line of demarcation between the fighting man and the thinking man is liable to find its fighting done by fools and its thinking by cowards.” General Sir William F. Butler in Charles George Gordon, 1889.

"The fact is that Iran will never voluntarily give up its nuclear program, and a policy based on the contrary assumption is not just delusional, but dangerous." -- John Bolton, Surrender Is Not An Option, p. 340, 2007.

"Those who can win a war well can rarely make a good peace, and those who could make a good peace would never have won the war." -- Sir Winston S. Churchill, My Early Life, 1930

"Environmentalism should be about good planetary hygiene and honest science, not romantic Luddism." Glenn H. Reynolds ("Instapundit") 27 Feb 2007

"The things that will destroy America are prosperity at any price, peace at any price, safety first instead of duty first, the love of soft living and the get rich quick theory of life." -- Teddy Roosevelt

"[W]e have reached a point at which the rules apply only to us, while our enemies are permitted unrestricted freedom." -- Ralph Peters, 10 July 2006

"Diplomacy does not work with people who do not wish to bargain." Ed Morrissey, 29 Jun 2006

"We now have the first truly global terrorist insurgency because the Islamists view the whole world the way the IRA view the bogs of Fermanagh: They want it, and they've calculated that our entire civilization lacks the will to see them off." -- Mark Steyn, in Opinionjournal.com, 4 Jan 2006

"People who try to be sensitive in a war have a tendency to die, and to take their nations with them." -- Steven Den Beste, 21 Sept 2002

"I trust local people. It's a fundamental part of my political philosophy: The closer decision-making is to the people, the better the decision-making will be." -- George W. Bush, 2 March 2005

"Sometimes the caliber of a nation is found not in why it is liked, but rather in why it is not." -- Victor Davis Hanson, 29 April 2005

"We have manuals on how to properly handle the Koran and humanely treat prisoners, paying respect to their cultural sensitivities, they have manuals on how to properly torture and decapitate hostages." -- Opinipundit (Trader Bob) 23 June 2005

"[O]nce the shooting starts, a plan is just a guess in a party dress." -- Michael Yon, 25 Aug 2005

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Saturday, July 31, 2010

Recovery Summer?

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