The chart that’s worth a thousand sound bites

Posted by: Phineas on October 16, 2012 at 1:01 pm

**Posted by Phineas

Kind of says all you need to know, doesn’t it?

You can enlarge it (here) to get the full effect, but the upshot is that the number of people no longer in the labor force has grown by ten times the number of people who have been added, who’ve found jobs.

This is a function Obama’s obsession with redistribution over recovery, with “reform” over growth. It is the near-inevitable result of combining Keynesian economics and the Progressive love for statist, technocratic solutions, the delusion that an economy can be directed from above and that a nation can borrow, tax, and spend its way out of economic difficulties. Think I’m nuts? Then ask yourself why the Great Depression lasted seven years longer than it had to. We saw the same hubris then as now, and once again the American people are suffering for it.

So, tell me again, why anyone with a lick of sense would vote to reelect Obama?

via Blue Crab Boulevard

PS: Romney-Ryan 2012, because it’s past time for the non-delusional to be in charge.

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2 Responses to “The chart that’s worth a thousand sound bites”

Comments

  1. Drew the Infidel says:

    An enjoyable treatment of this and other New Deal-type insanity is shown in the old movie “Ali Baba Goes To Town” (1937). There are scenes of various “shovel ready” government jobs with an accompanying sign reading “Oasis #6. A project of (such and such government agency)”. It stars Eddy Cantor so you know it is hilarious.

  2. EBL says:

    Ouch. I got a bruise looking at that. And I am not even responsible for it.