Obama’s Failed Recovery: This Graph Should Scare You
November 18, 2012 | Filed Under Barack Obama, Budget, Business, Capitalism, Congress, Democrats/Leftists, Economy/Finances, Ethics, Free Trade, Government, Government, Corruption, Jobs, Liberals, Media, President, Progressives, Taxes, Warner Todd Huston, Washington Post | 1 Comment
-By Warner Todd Huston
This is something one wishes the Washington Post bothered to tell us before the election, but, yes, the chart below proves that Obama has utterly failed to aid in our economic recovery.
In other words, you’re not imagining it: This economic recovery has been a big disappointment relative to what the United States has usually experienced after a recession. Growth has been 9 percent below what was seen in past recoveries on average in its first three years. The CBO report tries to disentangle where that underperformance is coming from and its answer is deeply unsettling: The U.S. economy just isn’t as good at growing as it used to be…
Read the rest at the Washington Post’s Wonkblog.
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“The only end of writing is to enable the reader better to enjoy life, or better to endure it.”
–Samuel Johnson
Warner Todd Huston is a Chicago based freelance writer. He has been writing opinion editorials and social criticism since early 2001 and before that he wrote articles on U.S. history for several small American magazines. His political columns are featured on many websites such as Andrew Breitbart’s BigGovernment.com, BigHollywood.com, and BigJournalism.com, as well as RightWingNews.com, RightPundits.com, CanadaFreePress.com, StoptheACLU.com, AmericanDaily.com, among many, many others. Mr. Huston is also endlessly amused that one of his articles formed the basis of an article in Germany’s Der Spiegel Magazine in 2008.
For a full bio, please CLICK HERE.
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