Mindful that the original meaning of statistics (in German) was "political arithmetic," that I don't know the political leanings of Rex Nutting, nor of Market Watch (although both are affiliated with the conservative Wall Street Journal), and that the higher forms of arithmetic were a perfect novelty to me, I offer the following image, courtesy of Mr. Nutting and Market Watch, mindful that a jpeg is worth a thousand words:
I was surprised, as Nutting said most of us would be. My guess is that most Americans would feel more favorably toward President Obama if they saw this.
I do not. In my opinion the four blue bars should be much taller given the economy that Obama inherited. I believe more government spending would have done better to get America out of the recession and done it quicker (My guess is that most Americans don't agree with that.)
There has been a percolating sense here that Barack Obama didn't know quite what to do about the economy when he became president, that as a thoughtful, intelligent man he listened to the advice presented to him, that he still didn't know quite what to do and, mindful that he didn't want to be labeled a tax-and-spend ideologue (ideologues are sure of what to do), he "steered a middle course." There is a percolating sense here (the percolator is the monthly jobs reports) that the middle course was not the safe course nor the correct course and there is an abiding conviction that the president has not been able to avoid being labeled a tax-and-spend ideologue. Thus instead of getting the "best of both worlds" by the sagacious middle course the president has gotten the worst of both worlds.
That's the sense here.
Image: http://www.marketwatch.com/story/obama-spending-binge-never-happened-2012-05-22?pagenumber=2
I do not. In my opinion the four blue bars should be much taller given the economy that Obama inherited. I believe more government spending would have done better to get America out of the recession and done it quicker (My guess is that most Americans don't agree with that.)
There has been a percolating sense here that Barack Obama didn't know quite what to do about the economy when he became president, that as a thoughtful, intelligent man he listened to the advice presented to him, that he still didn't know quite what to do and, mindful that he didn't want to be labeled a tax-and-spend ideologue (ideologues are sure of what to do), he "steered a middle course." There is a percolating sense here (the percolator is the monthly jobs reports) that the middle course was not the safe course nor the correct course and there is an abiding conviction that the president has not been able to avoid being labeled a tax-and-spend ideologue. Thus instead of getting the "best of both worlds" by the sagacious middle course the president has gotten the worst of both worlds.
That's the sense here.
Image: http://www.marketwatch.com/story/obama-spending-binge-never-happened-2012-05-22?pagenumber=2
