It's interesting to me that they chose to emphasize the 2nd derivative of jobs (we're looking at the slope of the job loss/month).<p>It's not good, it's not getting better, it's just getting worse slower, with hope of getting better soon.
This is the landing page for a political campaign. It has a graph on it. That makes it a landing page for a political campaign... with a graph on it.<p>Here's another page with a graph in it, from the same data source:<p><a href="http://data.bls.gov/PDQ/servlet/SurveyOutputServlet?data_tool=latest_numbers&series_id=LNS14000000" rel="nofollow">http://data.bls.gov/PDQ/servlet/SurveyOutputServlet?data_too...</a><p>Pesky things, those graphs.
These graphs are interesting. <a href="http://www.nowandfutures.com/key_stats.html" rel="nofollow">http://www.nowandfutures.com/key_stats.html</a> Sudden and massive deflation? That usually means rampant and almost insurmountable job loss is just around the corner.<p><a href="http://www.nowandfutures.com/key_stats.html#pain_misery" rel="nofollow">http://www.nowandfutures.com/key_stats.html#pain_misery</a> "Pain and misery index": unemployment plus consumer price index.<p><a href="http://www.usatoday.com/money/economy/inflation/2007-06-13-inflation-usat_N.htm" rel="nofollow">http://www.usatoday.com/money/economy/inflation/2007-06-13-i...</a>
<a href="http://bigpicture.typepad.com/comments/2008/05/core-measures-o.html" rel="nofollow">http://bigpicture.typepad.com/comments/2008/05/core-measures...</a>
This graph discounts one thing, using massive deficit spending to accomplish this and have no real infrastructure improvements at the end will leave a debt-hole which will become impossible to service. The price for this profligacy will likely be collapse.
Funny. I thought this was Obama's data:<p><a href="http://www.realclearpolitics.com/epolls/other/president_obama_job_approval-1044.html" rel="nofollow">http://www.realclearpolitics.com/epolls/other/president_obam...</a>
If they're willing to go trillions into debt for this 'recovery', why not just give everyone a guaranteed basic income of 1000 dollars a month, that comes to about 3.5 trillion. In teturn, scrap welfare and minimum wage and bailouts to banks, and you might have a thriving economy where everyone chooses how to spend their time.