Recessionomics: The Graph of Doom
Comparing job loss in past recessions with today's
by Wayne Garcia
- Office Of The Speaker Of The House Nancy Pelosi
Barack Obama has his economic stimulus pacakge. Well, not really his economic stimulus package. He ended up with a plan that was mangled by just about everybody who touched it, from the House Democrats (who put just enough stupid pork into it to hand the Republican Party enough ammo for the 2010 midterm elections) to the dingbat GOP'ers (who stripped it of just about anything that resembled retrofitting government buildings or auto fleets or private homes to make them more energy-efficient).
During the stimulus battle, Speaker Nancy Pelosi's office released a graphic that gives some context to our job losses, compared with the previous two recessions. Former Tampa Tribune reporter and Lakeland blogger Billy Townsend called it "The Graph of Doom."
Let's hope he is wrong.
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