The Obama "Recovery"

Measuring employment by the actual labor participation rate, the fraction of adult Americans actually working.

No. A recovery happens when the trajectory of the economy either catches and surpasses its previous level, or at least can be seen to be on the path to doing so.

This is not a recovery. This is bouncing along the bottom. There is no recovery.

Posted by: Ace at 07:43 PM

Comments

(Jump to bottom of comments)

1 We have gone wide....

Posted by: Anna Puma (+SmuD) at October 01, 2012 07:41 PM (u1Q5a)

2 BUT BUT ROMNEY'S GAFFEEEEEEEEEEEEEEEESSSSSS!!!!

Posted by: THE TROOF MEDIA!!! at October 01, 2012 07:41 PM (F6KtL)

3 We're gonna need a bigger blog.

Posted by: fluffy Brody at October 01, 2012 07:42 PM (z9HTb)

4 Its a wide ranging Depression that we have here.

Posted by: Anna Puma (+SmuD) at October 01, 2012 07:43 PM (u1Q5a)

5 It's okay, WE may have sealed the deal on a Romney election.

Posted by: The Middle East Clusterfuck at October 01, 2012 07:43 PM (F6KtL)

6 Is this thread operative?

Posted by: weft cut-loop at October 01, 2012 07:43 PM (vY2x+)

7 Obama is a stuttering clusterf*ck of a miserable failure.

Posted by: steevy at October 01, 2012 07:43 PM (6o4Fb)

8 Hey, I'm starting to think that maybe we aren't in a recovery after all . . .

Posted by: natasha at October 01, 2012 07:44 PM (pyYXJ)

9 . . . and maybe this Obama guy really isn't all that he was cracked up to be. . .

Posted by: natasha at October 01, 2012 07:44 PM (pyYXJ)

10 Baby, I've just been stretched too thin

Posted by: Barack 'Eye-Candy' O'Shizzle at October 01, 2012 07:45 PM (F6KtL)

11 . . . or maybe Obama is just on crack and this is what you get when you elect an incompetent, choom-smoking, lazy, arrogant know-it-all.

Posted by: natasha at October 01, 2012 07:45 PM (pyYXJ)

12 Ace, I appreciate your optimism, but we're nowhere near the bottom.

Posted by: Methos at October 01, 2012 07:45 PM (6LvlL)

13 Yet this worthless retard is going to win,we are told.Indeed the fact that it is even close is beyond disturbing.

Posted by: steevy at October 01, 2012 07:46 PM (6o4Fb)

14 So?

Posted by: Typical O-Zombie at October 01, 2012 07:47 PM (0CiTm)

15 Ace, I appreciate your optimism, but we're nowhere near the bottom.

You stole my mind-thoughts.

Posted by: toby928Š at October 01, 2012 07:47 PM (QupBk)

16 That anyone -- anyone with even just two tiny little brain cells to rub together -- actually believes for a nanosecond that this economy is on the upswing has got to be the most incomprehensible thing that has happened thus far in this silliest of silly seasons.

Posted by: natasha at October 01, 2012 07:47 PM (pyYXJ)

17
Every data point suggests we're slipping backward.

If it keeps going like this (UE, GDP, exchange rate of the dollar) and we'll end up talking about Q3 as the beginning of the slip into recession.

FORWARD!

Posted by: MJ at October 01, 2012 07:48 PM (TR60b)

18 Darn it, I wanted to listen in on the MA Senate debate but it all requires Flash to do it.

That's the one thing this phone can't do.

Posted by: Truman North, happy iPhone addict at October 01, 2012 07:48 PM (M1tbx)

19 MSM needs to be destroyed to save a free press.

MSM delenda est!

Posted by: dib at October 01, 2012 07:48 PM (aRwtY)

20 Of course, in Obama's world, the less able bodied people that are working, the more people he can put on the dole. The more people on the dole, the more Democrats.

Posted by: natasha at October 01, 2012 07:48 PM (pyYXJ)

21 When Romney wins, and begins to remove the unsustainable spending with borrowed money, only the optimism of some private sector hiring can save us.

Mitt better be a good salesman.

Posted by: toby928Š at October 01, 2012 07:49 PM (QupBk)

22
Fuck, first I'm shorted by one letter, and now I'm getting fucked by getting cut all over the place.

Posted by: J-O-B-S at October 01, 2012 07:49 PM (F6KtL)

23 Nice try Ace but I'll wait for NBC news to confirm before I believe a clearly racist chart.

Posted by: Obot at October 01, 2012 07:50 PM (gedHR)

24 Fucking Romney.

Posted by: MFM at October 01, 2012 07:51 PM (QupBk)

25 FORWARD! It's bound to get better! Even though the last three charges have failed, it's bound to get better! FORWARD!

Posted by: General Barack Burnside at Fredericksburg at October 01, 2012 07:51 PM (F6KtL)

26 Don't change horses in mid-ditch

Posted by: Truman North, happy iPhone addict at October 01, 2012 07:51 PM (M1tbx)

27 It's not bouncing along the bottom. It has a steady downward trend with slight noise. We haven't hit the bottom yet.

Posted by: Daryl Herbert at October 01, 2012 07:52 PM (CREnC)

28 The problem is optics. If you turn the graph around.The ministry of truth will fix this tomorrow. Ignorance is Strength. War is Peace. Freedom is Slavery.

Posted by: Big Brother at October 01, 2012 07:52 PM (G4tmp)

29 Put another way, about 4 million fewer people are working today than when Obama took office.

Yet we are a more populous nation.

If Americans give this malicious Chicago guttershit another four years, we will get everything we deserve. And, it will be every man for himself.

Posted by: George Orwell what knows Harry Reid is a pederast and a strangler at October 01, 2012 07:53 PM (AZGON)

30
Obama's charge resembles Picket, but is viewed as Henry IV by the editors of public debate.

Posted by: MJ at October 01, 2012 07:53 PM (TR60b)

31 Labor Participation Rate
- and -
Obama's Approval Rate

co-starring in:

"RACE TO THE BOTTOM"

Posted by: Keith Arnold at October 01, 2012 07:53 PM (Jdtsu)

32 Depression is when a recession is made worse by poor government policy. That's what we're in now, but until Romney is sworn in the media will never admit it.

Posted by: Christopher Taylor at October 01, 2012 07:53 PM (r4wIV)

33 Emmanuel Goldstein Romney is public enemy number one! Now watch while I morph his face into that of a goat.

Posted by: Truman North, happy iPhone addict at October 01, 2012 07:54 PM (M1tbx)

34
I know nothing.

Posted by: NY Times Editor, Sgt Schlutz at October 01, 2012 07:54 PM (wR+pz)

35 Leaving Michelle in the middle of a ditch....
Let me get back to you on that.

Posted by: Anna Puma (+SmuD) at October 01, 2012 07:54 PM (u1Q5a)

36 Can we get a banhammer please?

Posted by: Truman North, happy iPhone addict at October 01, 2012 07:55 PM (M1tbx)

37
It's really simple guys. Start a war and -BOOM- J-O-B-S all around baby! No one's unemployed then!

Posted by: Kenyasian at October 01, 2012 07:55 PM (F6KtL)

38 (WYG1o)

Pointing out Obama's fuckups is cheering for disaster? Well at least you're branching out beyond the racist meme. Oh wait, you got that in there too.

Posted by: wooga at October 01, 2012 07:55 PM (vjyZP)

39 Also, why do trolls to straight for racism?

I understand that in their world everything revolves around race. But do they think it'll affect us somehow?

Posted by: Truman North, happy iPhone addict at October 01, 2012 07:56 PM (Vpadw)

40 We're just looking to the European model of employment. Next up, Council Houses.

Posted by: Lauren at October 01, 2012 07:56 PM (wsGWu)

41 We a new word for what we are experiencing.

Stagcession?

Posted by: Serious Cat at October 01, 2012 07:56 PM (zrpqj)

42 34 Shorter Ace:

Yeaaaah! I hope the economy goes down the tubes so that millions of Americans will become unemployed and even more Americans will find themselves in a lost generation of underachievement and missed opportunities. I hope the worst for America.

_______________________

Where did you read that?

In your own heart. That was exactly the Liberal sycophant attitude for eight years the minute Bush took office.

Posted by: tasker at October 01, 2012 07:56 PM (r2PLg)

43 Posted by: Truman North, happy iPhone addict at October 01, 2012 07:56 PM (Vpadw) Because it is called transference, They throw their Racism on everybody they disagree with

Posted by: Evilpens at October 01, 2012 07:57 PM (ck76k)

44
O/T but, in Dallas a $15 million interstate overhaul has been put on hold due to the discovery of an endangered spider. The funny thing, they had to kill it and disect it to make sure it was in fact the type of spider they thought it was.

There was a woman on fox defending the decision. "We don't know if some other major animal feeds on this spider and if it's death may cause a major damage to the eco system".

Posted by: Adam at October 01, 2012 07:57 PM (tG36f)

45 no, any stock market or futures chart reader would call this "support", and when you break through support, you can never tell when you'll bottom out.
But, of course, Romney will be blamed, because only a second Obama Admin could have cured the problem. At least one can look forward to Chris Matthews having a heart attack on air.

Posted by: mallfly at October 01, 2012 07:57 PM (bJm7W)

46 AB is such a fucking idiot that he doesn't realize there are already millions upon millions out of work now. No need to wish formit shitsipper.

Posted by: RWC at October 01, 2012 07:57 PM (t+Sdx)

47 Lauren, thought HUD housing was Council housing.

Posted by: Anna Puma (+SmuD) at October 01, 2012 07:57 PM (u1Q5a)

48 34

Is that a troll or a parody of a troll? If its a real troll, you gotta up your game man, that was some weak sauce.

Posted by: BuckIV at October 01, 2012 07:57 PM (gedHR)

49 Some people are just very comfortable with the thin veneer of lies being projected: Obama is a great President, the economy is getting better, we're definitely in recovery, there are no scandals in the Obama Administration (otherwise we'd see it on NBC/CBS/ABC/CNN, right?).

Nice fluffy lies, like a cool pillow for your tired brainmush.

Posted by: Beavis and Biden at October 01, 2012 07:57 PM (38ReL)

50 Hate on it. Every dollar I had invested is worth two now. Money doesn't lie, and money is voting Obama.

Posted by: Jordan at October 02, 2012 01:16 AM (RSG1I)

51 That's a great graph.
Best I've seen, actually...as far as making the point so well.

We've got a Third of our Workforce...out of work.
A Third.

They keep using that "8.1% Unemployment" figure...but neglect to say that it's only the people who are receiving unemployment checks.
So it's really lying to the public to say that we have '8.1% unemployment'....when a Third of our workforce is unemployed!

Posted by: wheatie at October 02, 2012 01:53 AM (l5RhJ)

52 Barack Obama for the love of god....just fucking take thirty steps back, reassess what you are doing...

...then run forward at top speed, leap in the air and do a triple reverse summersault with 4 and one half twists and disappear up your own ass you motherfucking piece of shit.

Posted by: jeremiah Gosh Darn Amerikkka wright at October 02, 2012 02:07 AM (ovpNn)

53 Once again, on a dead thread, I'll point out that Congress and the Senate had at least as much to do with this as Obama - though I think I can say now that Obama's team has broken at least as many laws as they have.

Ironically they're right about one thing - it takes a couple of years for a lot of these economic effects to happen.

Like, the two years after the left took over Congress and the Senate in 2007. So, 2009. When the tailspin started.

Posted by: Merovign, Dark Lord of the Sith at October 02, 2012 02:26 AM (bxiXv)

54 Actually, every dollar that I've invested is worth about 25 cents now. FORWARD!

Posted by: Choadan at October 02, 2012 02:47 AM (yJYwC)

55 It looks like there was an uptick before the Dems won back Congress in 2007. Then it was downhill all the way.

Posted by: davod at October 02, 2012 04:16 AM (C5U9L)

56 davod. Why don't the Repubs bring this up when the Dems say that Barry O inherited this mess? Nancy and Harry started this mess, not Bush.

Posted by: Charles Curran at October 02, 2012 09:06 AM (viqdB)

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