Tuesday, February 10, 2009

The State of the Economy



A few hours ago, the Senate passed the stimulus package 61-37, largely along party lines. It will now go to conference committee to reconcile it with the version passed by the House. Lest anyone underestimate the magnitude of our current economic woes, here is a rather chilling chart published on the Speaker of the House's blog:

For anyone who is buying into the currently-circulating conservative meme that it was World War II and not the New Deal that got us out of the Great Depression, take a look at this:

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