Sunday, June 6, 2010

Obama on Job Creation

Doug Ross posted some charts on unemployment and job losses.

The detail of one of those charts showed job losses when temporary census jobs were taken out:
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And I thought to myself, Where have I seen that curve before? Then it came to me!

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Posted by at 2:09 AM
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4 comments:

  1. Randy-gJune 6, 2010 at 6:37 AM

    Yep, that is the same curve. That "fine" eye for detail of yours eh!

    ReplyDelete
  2. Mike aka ProofJune 6, 2010 at 11:22 AM

    Yep. The Obama administration is giving a "golden shower" to the economy.

    ReplyDelete
  3. AnonymousJune 6, 2010 at 12:49 PM

    I love it!

    This also explains the GDP gains, since government spending increases it. Go look at the government data and you see all the gains came from government spending. It's a self-licking ice cream cone.

    http://www.bea.gov/national/nipaweb/TableView.asp?SelectedTable=5&ViewSeries=NO&Java=no&Request3Place=N&3Place=N&FromView=YES&Freq=Qtr&FirstYear=2008&LastYear=2010&3Place=N&AllYearsChk=YES&Update=Update&JavaBox=no#Mid

    ReplyDelete
  4. Mike aka ProofJune 6, 2010 at 12:56 PM

    "a self-licking ice cream cone"
    I like that! I may have to steal, er, borrow that one!

    ReplyDelete

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