Thursday, December 23, 2010

Unemployment then and now

Well, even if we count "created or saved", it ain't worth bupkiss. Obama isn't going to like this. Heritage has a good graph comparing the change in the unemployment rates coming out of our current recession vs the 1981 recession. You know, the one back there with Reagan as President -- right after the prime rate was at 18 percent. (I remember it well.)

Anyway, Reagan's tax cuts got us out of recession and lowered the unemployment rate by 3 percentage points. Under Obama, the unemployment rate has gone UP. The no-good S.O.B. can't save a dogcatcher's job.

We need to really cut taxes...not just extend current tax rates. And yes, Joe, it is a big effing deal.

H/T Moonbattery and

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