Thursday, February 20, 2014

Schooling Fox On The Stimulus With One Chart


http://mediamatters.org/blog/2014/02/18/schooling-fox-on-the-stimulus-with-one-chart/198089

Fox wants to know whether the stimulus package signed by President Obama caused a recession.
In recognition of the five-year anniversary of the American Recovery and Reinvestment Act of 2009 -- commonly known as the stimulus -- Fox Business' Varney & Co. framed a segment around the question of whether it caused a recession.

Fox is just asking, and here is the answer in one simple chart. The most recent recession started in December 2007, over a year before the stimulus bill was signed into law. Since its passage in February 2009, the American economy experienced an immediate positive turn, culminating in more than four years of steady, gradual economic growth.


keep in mind they created this recession and have done nothing but facilitate it's stalling of the economy then tell us that "it's the worst recession since the big one, slowest moving recovery, abysmal stats that is republican speak for "he's not cleaning up our mess fast enough, and we aren't going to help".