EIGHT YEARS AGO, ON INSTAPUNDIT:
TOM BLUMER on when the recession started, and why. “What Mr. Obama ‘somehow’ forgot to tell us is that almost 1.8 million of those seasonally adjusted job losses have occurred since his election, when his non-stop economic no-confidence game went into high gear, and that 2.8 million jobs have gone away during the seven months that began in July 2008, the first full month of the POR (Pelosi-Obama-Reid) economy.” Hmm. I don’t think that Obama’s doomsaying — designed to gin up fear to pass the pork-laden “stimulus” bill — did any good, but the economic downturn seems to be a global phenomenon, one that’s actually worse elsewhere than here. But look at the numbers and make up your own mind.
Indeed.