9 Replies to “The recovery from recovery summers continues apace”

1. sdferr says:

   July 9, 2012 at 8:34 am

   Q: Why is Barack Obama beating his head against that tree?

   A: So that when he stops, you’ll feel worse.

2. Enrak says:

   July 9, 2012 at 8:41 am

   with historical averages

3. charlesaustin says:

   July 9, 2012 at 8:45 am

   To be fair, Obama cannot be blamed for the steep decline, but it can be fairly and appropriately noted that there hasn’t been a smidgen of improvement under his watch despite getting almost everything he asked for.

   And if anyone wants to know why many folks are deeply disdainful of Bush 43 and distrustful of Congresscritters of all stripes, please note the steep decline.

4. Enrak says:

   July 9, 2012 at 8:52 am

   I find it doubly interesting that Bush 43 gets blamed for the 2001 recession which had a similar (though of lower magnitude) decline that began prior to his inauguration. 42 months in however, this ratio was headed back northward for 43.

5. sdferr says:

   July 9, 2012 at 9:07 am

   Alexis de Tocqueville thought it a warning; our modern Progressive thinks it a blueprint.

   I seek to trace the novel features under which despotism may appear in the world. The first thing that strikes the observation is an innumerable multitude of men, all equal and alike, incessantly endeavoring to procure the petty and paltry pleasures with which they glut their lives. Each of them, living apart, is as a stranger to the fate of all the rest; his children and his private friends constitute to him the whole of mankind. As for the rest of his fellow citizens, he is close to them, but he does not see them; he touches them, but he does not feel them; he exists only in himself and for himself alone; and if his kindred still remain to him, he may be said at any rate to have lost his country.

   Above this race of men stands an immense and tutelary power, which takes upon itself alone to secure their gratifications and to watch over their fate. That power is absolute, minute, regular, provident, and mild. It would be like the authority of a parent if, like that authority, its object was to prepare men for manhood; but it seeks, on the contrary, to keep them in perpetual childhood: it is well content that the people should rejoice, provided they think of nothing but rejoicing. For their happiness such a government willingly labors, but it chooses to be the sole agent and the only arbiter of that happiness; it provides for their security, foresees and supplies their necessities, facilitates their pleasures, manages their principal concerns, directs their industry, regulates the descent of property, and subdivides their inheritances: what remains, but to spare them all the care of thinking and all the trouble of living?

   Thus it every day renders the exercise of the free agency of man less useful and less frequent; it circumscribes the will within a narrower range and gradually robs a man of all the uses of himself. The principle of equality has prepared men for these things;it has predisposed men to endure them and often to look on them as benefits.

6. motionview says:

   July 9, 2012 at 9:15 am

   Recently Pethokoukis posted on this, here’s a version with politically relevant annotations. “McCain clinches” is shorthand for smart money realizing that the US will have a Prog government after the next election.

7. BigBangHunter says:

   July 9, 2012 at 2:08 pm

   – The good news is that if Outsourcer raises enough buddle and wins maybe we can buy back the language.

8. McGehee says:

   July 9, 2012 at 3:51 pm

   I’ve lost my lunch on roller coasters that weren’t that steep.

9. SDN says:

   July 9, 2012 at 5:37 pm

   If you look at the historical data, the decline started in 2007. Of course, that had nothing to do with Nancy and Harry (with Barack as sidekick) taking over the Congress…..

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