Sunday, January 25, 2009

Scary charts

These are scary. [Link]
When democrats said they were going to spend their way out of this economic crisis they were serious.
Here are a couple of charts that show the historic amount of cash spent by democrats since they took control of Congress in 2006.
This is what democrats call "jump-starting" an economy.

Doug Ross reported this shocking news on the treasury spending bubble:

East Coast Economics is "currently doing some research on the (likely) Treasury bubble, and the charts I’m coming across are nothing but scary - one more so than the other. Check out the following which shows the [dollar] amount borrowed by US banks from the Fed through Dec 2007; the spike marks the Savings & Loan Crisis at the end of the 1980s with borrowing maxing out at $8b..."
Go see the charts. Now.

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