When Rush Limbaugh came out early in 2009 and said that “he hopes Obama fails…”, I thought to myself that I also can’t see the Manchurian Marxist Moslem succeeding, but I don’t want to live in economic misery for the next 4 years.
Well, taking a look at some charts provided by Henry Blodget (of Merrill Lynch fame) would indicate that the economic future is not looking pretty. If you observe the dip in employment numbers in the chart below, it would appear that the economic recovery is at least another 2 years away (if at all).
You then contrast this chart with what’s happening in government employment versus the wealth-creating private sector (see chart below) and you’re bound to become even more concerned.
