Wisconsin native.
"The true soldier fights not because he hates what is in front of him, but because he loves what is behind him."--GKC
"Liberalism is the modern and morbid habit of always sacrificing the normal to the abnormal" --G K Chesterton
"The only objective of Liberty is Life" --G K Chesterton
"A man can never have too much red wine, too many books, or too much ammunition." -- Rudyard Kipling
The picture does tell the story: That fallout from financial crisis' have a much deeper and prolonged shock to an economy than experienced during your typical cyclical recession. Something completely miscalculated by the current administration.
And a measely $700 billion spent mostly on UI extensions, tax cuts and emergency aid to states undergoing collapsing tax receipts did exactly what it was capable of doing: Putting a bottom under the collapse.
And last and most important, that chart says one more thing: Our political leaders do not care about mass unemployment. It isn't a priority.
And the new batch incoming Congressmen care even less.
The picture does tell the story: That fallout from financial crisis' have a much deeper and prolonged shock to an economy than experienced during your typical cyclical recession. Something completely miscalculated by the current administration.
ReplyDeleteAnd a measely $700 billion spent mostly on UI extensions, tax cuts and emergency aid to states undergoing collapsing tax receipts did exactly what it was capable of doing: Putting a bottom under the collapse.
And last and most important, that chart says one more thing: Our political leaders do not care about mass unemployment. It isn't a priority.
And the new batch incoming Congressmen care even less.