Wednesday, August 19, 2015

Chart of the Day: Here's Why the Recovery Has Been So Weak

Kevin Drum posts the Chart of the Day: Here's Why the Recovery Has Been So Weak "Instead of responding to a historically bad recession with a historically strong stimulus, we responded with the weakest stimulus ever. Government spending is now more than 25 percentage points lower than normal. If you want to know why the recovery has been so feeble and unsteady, this is it. Republican presidential candidates, please take note."

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Bonus chart to dispute the GOP notions that we need to spend more on defense and that our navy has fewer ships than anytime since 1915.

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The image seems to be from 2013. The counts for 2015 are only a little different.

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