… Forgive me for pointing this out, but it looks like downhill driving is overdetermined — and perhaps even willfully so.
From the Bureau of Labor Statistics:
I’ll let Doug Ross break down the particulars for you:
A. President Obama is inaugurated.
B. President Obama signs Obamacare into law. Thousands of pages of law and tens of thousands of pages of regulations (which have yet to be completed) have thrown large regulatory roadblocks at small businesses and either prevented hiring, forced layoffs or compelled the move of workers from full-time to part-time.
C. President Obama signs the Dodd-Frank financial reform bill into law, which prosecutes not a single banker and also fails to address the cause of the mortage meltdown, Fannie Mae. Just this month, the federal government itself admitted that “no one has any idea what compliance with financial regulations, including the Dodd-Frank financial reforms, actually costs.”
D. President Obama signs an Executive Order creating a de facto “DREAM Act” amnesty for illegal aliens in the United States, bypassing a Congress that was unwilling to pass legislation to do so.
And a postscript: Obamacare really doesn’t even fully kick in until January 1st 2014. Combined with “Comprehensive Immigration Reform” and untold new EPA regulations headed at energy companies, this administration appears bound and determined to crush entrepreneurship in the U.S.
Gird your loins.
Oh, they’re girded alright. Like a Viking’s!
Up/down. Black/white.
rinse, repeat.
Entrepreneurship is so yesteryear a thing to focus crushing powers on. Better he sticks to enslaving meek souls to pleasures.
Combined with “Comprehensive Immigration Reform” and untold new EPA regulations headed at energy companies, this administration appears bound and determined to crush entrepreneurship in the U.S.
Nonsense! There are hundreds of us positioning ourselves to take advantage of Obama’s America by setting up black markets. What’s more entrepreneurial than setting up a black market?
Only illegal immigrants are allowed to set up black markets.
see that steep dip to the right of a but before b. that’s called “stimulus”
Or possibly “inception of stimulus” since in matter of fact the “stimulus spending” (or bankruptcy borrowing, if you prefer) has been retained in the continuing resolutions ever since, so would necessarily apply to the graph from that point forward to today.
“inception of stimulus”
was that shovel ready?
Worst direct-to-video movie sequel ever.
heh
“inception of stimulus”
Bleach and frequent handwashing should prevent it from spreading.
The “Stimulus” was so aptly named by progressives, where it is actually the exact opposite of what it is called. Diversity, Tolerance, Social Justice all spring to mind as further examples.