Sunday, June 03, 2012

The recovery as overseen by the Obama Administration is not L-Shaped.

The diagram to the right is an L-Shaped recovery diagram.


Former Governor of Florida Jeb Bush stated the current economic recovery was L-Shaped. Flat lined. In other words, there was no recovery. That is not the case. At all.


Below is the recovery of the O-Economy. The O meaning Obama, of course. One might notice it is very V-Shaped and is returning to the same damned trend under "W" Bush. The current worry is the decline from May and whether or not this is a lasting trend that needs to nipped in the bud, so to speak. 


If one looks real close at the graph below, the O Economy has EXCEEDED the "W" economy in this V-Shaped recovery graph. The O Economy hasn't out performed the 
C Economy yet. C representing Clinton. But, the O Economy is sure trying to surpass even the C Economy. That downward plummet in May is definitely tarnishing the aspirations of the President, though. Wouldn't it be a kick in the head if he really surpassed the C Economy after the Second USA Depression absent the Dust Bowl? Would that be like so cool or what? I really want to see him do it. He can, if he didn't have such a CRONY GOP in the House and Senate seeking to hold the citizens of the USA to Wall Street. 


I mean you that is true, right? The GOP is so very, very invested in Wall Street and not the citizen that they actually put their ideology before the well being of the country and the USA. They didn't know if their position would work, they didn't care, they simply wanted to intimidate the electorate. In the face of success by President Obama and the Democratic Congress, the GOP washed their hands of decency and the need to protect the country's economy and improve the lives of our citizens. They did. No one can deny that. They stood in opposition of SUCCESS by the initiatives of the Democrats and President Obama. They not only stood in opposition of success, but, they lied and called it a failure.


I really believe all President Obama needs is a legislature sincerely interested in restructuring the tax structure and growing a sustainable economy that will improve the GDP and bring the national debt into a lower percentile as we begin to pay it down as well.