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"It profits me but little that a vigilant authority always protects the tranquillity of my pleasures and constantly averts all dangers from my path, without my care or concern, if this same authority is the absolute master of my liberty and my life."
--Alexis de Tocqueville, Democracy in America
Friday, June 1, 2012
Another Chart That Spells D-O-O-M For Obama
James Pethokoukis has done yeoman's work unpacking the failures of Obama's economic program. Here is his revision of the infamous Romer-Bernstein chart prepared by Obama's economic team to sell the stimulus (Rush calls it the "Porkulus") package in early 2009. They predicted that, if the stimulus was enacted, unemployment would never get above 8%. How's that hopey-changey stuff working out?