Friday, December 4, 2009

A Picture is worth a 1000 jobs


There is a danger of posting this picture at the same time Paul Krugman ( just to the right of here) is talking about the possibility of a double dip recession. That being said:
The graph provides for an interesting peek at the economy through the job loss lens. I have always stated that the President is like the quarterback of the economy, he gets too much credit for a good economy and too much blame for a bad one. What sticks out to me is that job losses peaked in January of '09 and we have had a fairly steady improvement since. Secondly, while I do not know the precise number, the majority of the stimulus funds are still in the pipeline. Hopefully, they will counteract the possibility of the double dip recession.

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