Friday, June 1, 2012

Behold: The Obama Recovery in Action!



Ok, I'll admit - it's a snarky headline.

But come on. Who are these believers in the Obama Recovery? These hopium addicts must live on the D.C. beltway or have their hands in the stimulus/bailout cookie jar. There's no way an average American citizen with a brain buys this Recovery spin.

Consider the facts:



"– 1Q GDP was revised down to 1.9% from 2.2%. The previous four GDP quarters of Obama recovery: 0.4%, 1.3%, 1.8%, 3.0%. Keep in mind that research from the Federal Reserve finds that since 1947, when two-quarter annualized real GDP growth falls below 2 percent, recession follows within a year 48 percent of the time. (And when year-over-year real GDP growth falls below 2 percent, recession follows within a year 70 percent of the time.)" 



  • And I love this little gem (also from the link above):

"Meanwhile, the unemployment rate unexpectedly climbed to 8.2% from 8.1% the month before."

"Unexpectedly" ?!

Again, I ask who are these hopium addicts who thought the economy was turning around? Every point under Obama that the economy looked good, has turned out to be smoke and mirrors. Little more than artificial stimulus from bailouts, much like an adrenaline shot can yield a short term explosion of energy - but at a cost. And too many adrenaline shots (artificial stimulus) has detrimental effects.

Incidentally, for all you "fauxnews" idiots out there, here's the same news from AP, so it's not some grand Murdoch conspiracy.

So in honor of the stunning success of Obamanomics that we are all forced to live with (at least until November), I have created this T-Shirt:

Basic Economics for 2012. Recession: When your neighbor loses his job. Depression: When you lose your job. Recovery: When Barack Obama loses his job.



The front says:
Basic Economics for 2012.

Recession: When your neighbor loses his job.

Depression: When you lose your job.

Recovery: When Barack Obama loses his job.

That should clear things up for people.

Also, since it's a t-shirt I added this test to the back:

"The only shirt Obama doesn't want off my back"

The shirt can be purchased on Here on Zazzle.