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.

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