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Monday, June 8, 2009

Not Exactly Stimulating

The following graph contains three sets of data; The projected unemployment rate from the Obama economic team (Light Blue Line), their unemployment projection if the stimulus passed (Dark Blue Line), and actual unemployment figures (Red Dots):

The evidence supports at least two conclusions: 1) the Obama economic team is very bad at projecting unemployment rates and should not be trusted; 2) the stimulus isn't working.

1) and 2) are not mutually exclusive.

Source: Innocent Bystanders
Hattip: Powerline

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