This chart is courtesy of Innocent Bystanders and he makes a couple of excellent points, so be sure to click over there. It amazes me though that the Vice President, Joe Biden, can actually say that he sees "signs of hope" in these numbers. No mention of how badly we missed the forecast...no. Now, these are the same people that want to foist socialized medicine on us based on their economic models forecasting "savings" in medical expenses that will help pay for the increased budget. When you look at forecast versus performance, I wouldn't trust these folks to accurately predict the time it would take to walk across the hall. Finally, in the "definition of insanity" column - we've been stimulating for eight months now and look at the results. Soooo, we should double down on our efforts? Apparently so.
Monday, June 8, 2009
Unemployment Numbers - Fact vs. Fiction
This chart is courtesy of Innocent Bystanders and he makes a couple of excellent points, so be sure to click over there. It amazes me though that the Vice President, Joe Biden, can actually say that he sees "signs of hope" in these numbers. No mention of how badly we missed the forecast...no. Now, these are the same people that want to foist socialized medicine on us based on their economic models forecasting "savings" in medical expenses that will help pay for the increased budget. When you look at forecast versus performance, I wouldn't trust these folks to accurately predict the time it would take to walk across the hall. Finally, in the "definition of insanity" column - we've been stimulating for eight months now and look at the results. Soooo, we should double down on our efforts? Apparently so.
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