Ready for that double dip recession?


Courtesy of the St Louis Federal Reserve Bank, here are three graphs that illustrate just how awful our economy has been since the Democrats took over Congress in 2006 and the Presidency in 2008 (click for full size):

The money supply

Federal Reserve money supply graph

Civilians unemployed for 27+ weeks

civilian unemployment

Median duration of unemployment

median unemployment duration

Those shaded gray areas are recessions. Check out nine more graphs like these to get an even fuller picture. This is what Tom Blumer over at BizzyBlog aptly calls the POR (Pelosi-Obama-Reid) Economy.

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U.S. Census data on automobile sales offer yet more proof that Betty Sutton's biggest "achievement" was nothing but a clunker. Just like every other Keynesian stimulus program, Cash for Clunkers relied on the delusional idea... Read More

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