Paul Revere by Cyrus Dallin, North End, Boston

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Monday, August 29, 2011

THREE CHARTS THAT EXPLAIN REALITY

It is useful in any discussion on the economy and jobs to have the facts.  A picture is worth a thousand words.  Therefore, in place of words, I offer these three charts as visual proof of who is responsible for the economic troubles we are experiencing now, and how President Obama's 2 1/2 years in office has improved the mess Bush left us.  

A majority of economists understand that government cutting spending during a downturn makes that downturn worse.  We need another stimulus; the first one was not big enough.  In the meantime, read these charts and understand for the gazillionth time that YES, it absolutely is BUSH'S FAULT,  and Mr. Obama, with the help of a cooperative Congress, could do much more to improve the disaster Bush left to the American people. 

The reality is that improving the economy would give Mr. Obama a second term, and we all know that the GOP has clearly stated that denying President Obama a second term is more important to them than improving the economic life of America and putting people back to work.  It is difficult to understand how anyone could continue to support a political party with such a small, spiteful goal:  The continued suffering of the American people for political gain.
 
h/t daily kos





More reading here.

6 comments:

Octopus said...

Shaw,
The anti-science crowd have their talking points and resent being inconvenienced by empirical evidence. They resemble a swarm of shit flies swarming on supply-side offal, and no chart will convince them otherwise. The struggle for economic justice in this country will not end peacefully.

Jerry Critter said...

Someone out there please look at the comparison between republican policies (Bush) and Democratic policies (Obama) and explain again why we should vote republican. Republicans want to return to:

High Spending

High Deficits

High job losses

Republicans are not good for Americans.

Dudley the Fat Ass Liberal Beagle said...

A big part of the problem is that so many politicians are scared shitless to say we need more stimulus and can't cut spending as it will absolutely make matters worse.

QE2 was good for the markets. The stimulus saved hundreds of thousands of jobs. Probably millions. But cuts and misery inflicted on the poor and middle class seems to be the safest talking point for those who speak on this.

Cuts and lack of innovation and investment are killing our economy and republicans wnat more cuts and less investment.

I'm a freaking fat ass beagle and I understand this. What the hell is wrong with the millions that don't?

Jerry Critter said...

"What the hell is wrong with the millions that don't?"

They are not as smart as a "fat ass beagle".

Shaw Kenawe said...

Fat Ass B, would you consider running for preznit?

Dudley the Fat Ass Liberal Beagle said...

For a milkbone and comfy sofa I'd do just about anything.