Saturday, June 6, 2009
How's That Socialism Working Out for You? Visual Evidence of Failure of Obama Stimulus Plan
I ran across a great article and graphic from Power Line which shows how the Obama stimulus plan is already failing to perform as advertised. The dark blue line shows where Obama predicted unemployment numbers would be with the assistance of the stimulus plan. The light blue line was his prediction of what would happen in the absence of the stimulus plan.
The reality of our present situation is indicated by the magenta dots that show actual unemployment numbers. It looks to me like the curve is going straight up. If so, I think this will be further evidence that after two years of Democrat control of Congress employers are terrified of adding new workers to their payrolls.