EXTREMIST NARRATIVES OF SPENDING AND GOVERNMENT GROWTH - HYPE BUILT ON HOOEY
Yglesias, dark lord of the liberal mobs, puts up a self-confessing chart of Obama's massive big government takeover:
Jobs:
Add to this the inconvenient truth that the U.S. will not lead the global recovery for the first time in a long time. (Martin Wolf had some good charts, but I'm sure the OECD or IMF's are as good).
China (and Asia) are leading the global recovery, and Europe's growth is faster, even though their downturn was deeper. Yes, autocratic capitalistic China, the people who did well calibrated stimulus with ease and who didn't pass out poorly designed tax cuts because they don't share government with Grover Norquist...
