On the evidence of past elections, one must assume that the average American voter's memory is approximately as capacious as that of an earthworm. Therefore I feel quite safe in assuming that by the November 2012 elections, the average voter will have completely forgotten the promises and projections of then-candidate Obama with respect to unemployment.
So I present the chart at right (courtesy of Innocent Bystanders) to refresh everyone's memory. According to projections by Obama and his trusty sidekick Tim, at this point we should be at 7.2% unemployment if we hadn't implemented the Obama stimulus program at all. And with the stimulus program, we should be at a much more comfortable 6.3% unemployment (all of these unemployment numbers are the bogus, “cooked” numbers that leave out the “discouraged” (but still very much unemployed) workers.
So what's the lesson here? That Obama and his cronies are lying sacks of shit?
No, I don't think so. I think they really believed those projections, and that the real lesson (as if it was actually needed!) is that they have no idea what they're doing.
So please, dear American voters...remember this when you vote next November...
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