Showing posts with label Economy. Show all posts
Showing posts with label Economy. Show all posts

Tuesday, February 10, 2009

Congressional Republicans = Wingnuts

Republican arguments against a stimulus package are veritable fruit basket of stupid. Some are even arguing that there is no recession, reminiscent of McCain's pronouncement that the "fundamentals of our economy is strong". Just look at this graph: The Bush recession is the on pace to be the worst ever in terms of job losses. EVER!



The graphs shows how fast the economy has lost jobs since the start of recession. The magnitude of the trouble we are in is mind blowing. Just another thing to be thankful for the 8 years of George W Bush.

Wednesday, December 3, 2008

It's official... 2008 is the worst year ever...


This is not a drawing of the corny-named Freedom Tower in NYC. This is a chart that shows the range of movement in S&P 500 within the calendar year. And 2008 is one of the worst year on record with S&P 500 having declined more than 50% just short of record decline in 1931.
Thanks George W Bush... don't let the door hit your bum ass on the way out.