Thursday, March 01, 2012

7 Obamanomics Charts That Legacy Media Won't Show You

Earlier today, James Pethokoukis, the nation's premier economic reporter, published "The economic case against Obamanomics in 13 charts."

The seven most shocking, in my opinion, are the following:

...The actual share of the the population with a job has collapsed and remains low.


... The size of the U.S. labor force has also collapsed, partly due to discouraged Americans giving up looking for a job...


...Those without a job have been without a job for a long, long, long time...


This recovery has lagged others in terms of economic output or GDP growth (via the Minneapolis Fed)...


The result of the weak recovery is a huge gap between where the economy should be, in terms of growth, and where it is...


The slow, anemic recovery has contributed to keeping the housing market in a depressed state...


The White House itself admits that its new budget plan would keep the national debt on a dangerous and unsustainable trajectory (source: The White House)...


The next time I get a "Stimulus Package", I want the Democrats to buy me flowers first.


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