Recession Comparison (Click on Chart for Larger View)
With all this talk about doom & gloom from Mr. Obama over the past 52 days, I started to wonder .... is there more to this recession than I'm seeing. I mean I have lived through a few recessions and it got me wondering. I mean with all the words Obama was using... disaster, catastrophe, crisis, urgent, not a run of the mill recession, a negative spiral the nation may not be able to recover from, dire state, economy of this severity, worst economic crisis since the Great Depression... and so on and so on! The list goes on but I have little patience to continue.
So I decided to chart a comparison of this recession and previous recessions in the 1980's and 1970's. With so much talk about this being the worst recession since the Great Depression, I kept wondering, does Obama know something I don't know. I'm confused, as you can see above, well it ain't as bad as some of the other recessions we've witnessed in our lifetime. So far, this recession doesn't quite fit into any of the adjectives which Mr. Obama has used. It makes one wonder why Mr. Obama has painted such a bleak picture. Oh wait, he need a trillion dollars in two spending bills to be passed... silly me!
I don't know about you but I find this all very interesting. I mean I don't deny we are in a recession, and economist have already predicted that by the 4th quarter of this year we should be moving beyond the recession...with or with out the spending bills. I just find it a bit too much when doom and gloom is wide spread.
For sure the economy sucks right now, however if you compare it to other recessions...well it's not quite so bad. I'm thinking Obama should call it as it is, not as he needs Americans to believe... so that he can get his agenda passed.
I don't know about you but I find this all very interesting. I mean I don't deny we are in a recession, and economist have already predicted that by the 4th quarter of this year we should be moving beyond the recession...with or with out the spending bills. I just find it a bit too much when doom and gloom is wide spread.
For sure the economy sucks right now, however if you compare it to other recessions...well it's not quite so bad. I'm thinking Obama should call it as it is, not as he needs Americans to believe... so that he can get his agenda passed.
17 comments:
To begin with your facts and stats are wrong. To the 61 year old I saw featured in a news report that just lost his job, with 2 kids in college, your dip-shit chart means nothing. To the tens of thousands losing their jobs or who have lost their jobs- do you think the give a rat's ass how this recession compares to previous recessions? To the teachers, firemen, and Police that have been given pink slips this is the worst recession of their lifetimes. Really Diana, your pimple-on-the-ass comparisons are so trite-so irrelevant, why to you waste your friggan time? This is your idea of trashing the president? Your being obnoxious with this sort of nonsense is not a reflection of the president, it's a refection of your dumb ass.
I saw the Will Ferrell HBO special last nite. What a great parody of Dubya based on the unvarnished truth.
To the President who liked to nickname everyone, my nickname for you is Dumbass.
Dumbass invaded the wrong country for the wrong reasons. Dumbass also managed to take a record surplus and turn it into an unprecedented and soaring defict. And finally, Dumbass told the nation that one of his incompetent cronies, Brownie, was doing a "heckuva job".
Now we have another Dumbass in Texas rambling on incoherently about how Obama words the economic calamity Dumbass left behind.
It is true. The GOP is littered with thick headed Joe the Plumber types. All of them: Dumbasses.
Blah blah blah blah...anoymous... what? too chicken to say who you are. LMAP
Sep...who says I'm trashing the president... I'm just telling it like it is!
Diana you go girl.....thanks for creating this site so we can all stay informed about what "shady" lies this guy is feeding us!!!! Anyone that wishes to remain annonymous is nothing more than chicken .... and has no valuable information to offer. Continue as you are doing Diana......it is appreciated by many!
SEPBLUES ITS EASY TO SEE WHY FACTS UPSET YOU!!! YOUR A MORN AFRAID TO FACE UP TO THE FACT YOU VOTED FOR AN IDIOT,,,, AND AS A DEM YOU ARE NEVER RESPONSIBLE FOR YOUR OWN ACTIONS!!!!!! SEPLUES KEEP ON DRINKING THE KOOLAID
Sepblues...in no way did Diana trash the president. She merely posted factual information that you refuse to actually read because of your hate towards Reps. Get over yourself already and realize that your man does tend to blow thing out of proportion at times to make himself look good.
GREEDY REPUBLICAN BANK CEO's STILL DON'T GET IT, CONTINUE TO HAND OUT BONUSES TO THEMSELVES AT THE EXPENSE OF THE HARDWORKING MIDDLE CLASS...
CNN) -- White House officials and some members of Congress reacted strongly Sunday to news that insurance giant AIG had intended to pay out $165 million in bonuses and compensation. The company has received at least $170 billion in federal bailout money.
Auggie, Obama should of already done something about those aig guys... shame on him, he better get off his arse!
Weak righties..very weak...and sad too.
Like I said Rightie-tighties- Diana's Mission is to trash the president- her words- not mine...When you lie and distort the facts about the president and his administration with the intent of playing political games- sophomoric games, I'd have to say yeah, that's trashing the president. Moreover- go to any of the threads since Diana started this vanity blog- you'll see her trashing Obama left and right...So Diana- don't try to hide from your record- you and your small cadre of GOP Taliban are a joke.
And by the way Anonymous..Kiss My A.A.
Lie and distort... show me the distortion... oink oink
squealing like a pig..I love it.
No not me Geithner was in the middle of the AIG deal and now acts like 'who me.' sep has the trouble with facts and truth.
spifty... SEP shoots up the dem koolaid. He is pardon'd!
That's the problem with you righties: Bumper-sticker mentalities... You can't think past the bogus phrases that inform your world constructs.
Spifty: I have trouble with those whom like you, Live by distorting the truth. Righties can't exists by dealing with the objective facts- that would be incompatible with the GOP Credo.
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