RECOVERY? ARE YOU KIDDING ME?

Last year, when unemployment was below 6% and GDP was still growing, Barack Obama’s supporters kept saying we were in “the worst economy since the Great Depression.”

Now, when unemployment is at nearly 10%, and we are actually experiencing negative growth, these very people are yammering about “the recovery.” Sullivan is typical:

I have no doubt that the recovery is still fragile; but I do think it’s worth noting that very few people expected a Dow 10,000 any time soon last January. Obama has done the critical - and largely overlooked - thing. He has restored confidence in the markets and the economy after what came close to a total panic and meltdown. That is not easy. It is not sufficient, but it was necessary. And he did it.

I’m sure those 15 million out-of-work Americans are VERY impressed that the Dow is finally back to pre-Obama levels, but I have a feeling that they’d rather have jobs. 

Unemployment is at a 26-year high. But in the Orwellian world of the Obot, mere facts are meaningless. For the rest of us, this is what Obama’s “recovery” looks like:

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This is why polls are showing that Obama couldn’t get re-elected if voters had to choose today. If these numbers don’t get (a lot) better before November 2012, he’s toast.

UPDATE:

The Foundry provides the following graph showing the (non)results of Obama’s stimulus package compared to the results he promised.

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Unfortunately, his health care “reform” package will probably just as ineffective in holding down health costs as his stimulus package has been at creating jobs.

But, then, I keep forgetting that actual results don’t matter. As the Nobel Prize committee has clearly demonstrated, only the hopey changy happy talk matters.

Comments 1

  1. Paul Hsieh wrote:

    But it would have been *worse* if Obama hadn’t done all his bold moves. Don’t you see that’s why he’s The One?

    {sarcasm off}

    Posted 16 Oct 2009 at 3:20 pm

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