NYT has put out a nice graphic comparing this recession to previous ones. A simple explanation of the curves is the deeper the curve, the greater the loss of jobs and the deeper the recession.
Healthcare or Jobs?
As even an idiot can tell, this current recession has been the deepest among all the previous ones covered by the graphic. It is also the second longest already and we’ve only reached the bottom just now. Additionally, the NYT has tried its best to portray GWB’s entire first term as a horrible recession and most of his second too (the first recession ended in 2003) … there has to be a limit to liberal media propaganda.
Obama has been president for 16 months now – month 13-29 of the current recession above – and what has he done to ameliorate the situation? He passed health-care reform that doesn’t come into force for another 4 years. What a waste of a good opportunity!!
