Data Point – Obama’s Centralized Planning’s Unemployment Rate

by Skip

Boy, it will be amusing to hold President Obama to his own promises – especially the one that if Congress passed his $787 Billion Stimulus bill (aka “Porkulus”), unemployment would never rise above the curve that his economic advisor, Christina Roemer, promised:

#FAIL.Unemployment rate vs Obama Stimulus

I liked what Don Surber wrote:

It’s the chart that makes liberals cry.

They say it is unfair.

They say it proves nothing.

They say it is racist, sexist and taken out of context.

But mostly, they cry because they made the chart up and the chart is being used against them. Conservatives are making them eat the chart of “Unemployment Rate With and Without the Recovery Plan,” which Barack Obama used to sell the $787 billion stimulus — the largest gamble ever made in the history of the world.

This was their chart.

They could say that unemployment could rise 10%, 11%, or even 12% if we do nothing and that by doing something we would keep it below that.

Liberals chose that if we do nothing it would hit 9% and if we do something it will never to 8%.

That was their rules.

….No one in their right mind would do that with their own money.

Liberals did this — and they lost their bet.

(H/T: The Enterprise Blog, Don Surber via Instapundit)

Author

  • Skip

    Co-founder of GraniteGrok, my concern is around Individual Liberty and Freedom and how the Government is taking that away. As an evangelical Christian and Conservative with small "L" libertarian leanings, my fight is with Progressives forcing a collectivized, secular humanistic future upon us. As a TEA Party activist, citizen journalist, and pundit!, my goal is to use the New Media to advance the radical notions of America's Founders back into our culture.

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