This is the price voters have imposed on themselves and the rest of citizenry for swallowing Republican ideology about "the only good government is no government" and "cut red tape and reduce regulation" and "tax cuts for the rich". These policies created a financial crisis that will take years to work through.
Friday, March 5, 2010
Grinding Away in the Bush Recession
The policies of George Bush set up the economic crisis and that crisis keeps dragging along. Experts say that recovery will be slow. This graph from the Calculated Risk blog makes it very clear just how deep and long the Great Recssion and be and how far away a real "recovery" is:
Click to Englarge
This is the price voters have imposed on themselves and the rest of citizenry for swallowing Republican ideology about "the only good government is no government" and "cut red tape and reduce regulation" and "tax cuts for the rich". These policies created a financial crisis that will take years to work through.
This is the price voters have imposed on themselves and the rest of citizenry for swallowing Republican ideology about "the only good government is no government" and "cut red tape and reduce regulation" and "tax cuts for the rich". These policies created a financial crisis that will take years to work through.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment