So Stop It Already!

At last, some empirical evidence that I'm not just imagining it. This recession looks quite a bit like the one in 1981 - back when I was having such a great time finding a job in Detroit - and not really like the Great Depression of the 1930's.

Of course, as long as our president tries to nationalize the entire economy, he'll continue to do two things:

1. Try to make us believe that we're in the Great Depression's uglier and worse cousin. and
2. Force us down the path to that uglier and worse cousin by "trying to help" our economy get back on its feet.

Check this article for some excellent commentary and charts. As everyone knows, if it's on a chart, it must be true, but in this case they do actually tell an important story.
[The url is http://www.drjeffcornwall.com/2009/05/putting-things-in-perspective.html in case you're not getting the link above.]

OK now, folks - just stop taxing and spending and let the economy grow itself out of this recession before you do more real harm.

grr.

Great Depression?

Interesting news coming down the wires today. The U.S. unemployment rate soared from 8.1% to 8.5%.

The stunning thing is, this is the highest it's been since 1983, at the height of the Great Depression!

Oh - wait - that's not during the Great Depression, that was back in the 1930s, not the 1980s. I guess they're hoping no one notices that we're still not as bad off as we were about thirty years ago, when the unemployment rate was higher, interest rates were all in the double digits, and inflation was a real thing - not something to be held off by risking deflation.

This reminds me of the Global Warming dopes who moan that it's now the warmest it's been since the 14th Century (back in the heyday of unjustifiably huge SUVs, right?). Nice headline to scare the sheeple, as long as they don't think about what they've been told ... and sheeple don't think, they follow - to the slaughter.

grr.