Where Fun Comes to Die

Here we have a graph, posted by the blog Innocent Bystanders, showing the difference between the Obama camp’s projected unemployment rates with and without the stimulus package in addition to actual unemployment rates.

So the Obama camp was just a little off. And looking here, there seems to be a rather linear trend of unemployment that has gone beyond what was predicted would happen without the recovery plan. Maybe we’ll be able to make a picture from connecting the dots soon.

In light of their uncanny ability to predict economic stability and change with their accuracy and conveniently long-term graphs, maybe other changes in policy should just be put on hold. We can add this to the list of Obama predictions disproved that already includes other maybe-interesting topics like the national deficit.

But really, it’s time to lose the fantasy. Obama’s New Deal seems to be not so new or helpful. And  if he doesn’t want to stoop to asking people like Mitt Romney for advice, he should at least give the card readers a shot instead of the camp who has exhibited so much fortitude in econ.

Click here for the link to the article with the graph used above.