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April 16, 2010

Recovery? Hah! Just Oscillating Unemployment Claims. [Nice Deb]

Chartmaster Geoff, of Uncommon Misconceptions has been trying to make this point, first at Innocent Bystanders, and again this morning at his own blog. Since it hasn't been pointed out anywhere else in the media, I thought I'd give it a wider audience here at AoSHQ:

For the past 5 1/2 months, the initial unemployment claims data have not really changed. Here’s what I mean:



The data are oscillating about a slowly increasing value, indicating that, if anything, unemployment claims are increasing.

For the rest of his analysis, go to Uncommon Misconceptions.

See also his excellent take on Obama's Famous Tax Cuts.

And in case you're interested, here's the GOP.gov take on Obama's "tax cuts":


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posted by Open Blogger at 12:12 PM

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