Douglas Holtz-Eakin: Economic Recovery Resembles A Dead Parrot

Employment to Population Ratio

Douglas Holtz-Eakin, former director of the Congressional Budget Office and economic adviser on Senator John McCain’s 2008 presidential campaign, offers a series of graphs that compare the so-called “recovery” from Bush’s Great Recession to the dead parrot of Monty Python fame (though Holtz-Eakin doesn’t credit the classic “Dead Parrot Sketch”).

For anyone not familiar with Monty Python, the “Dead Parrot Sketch” involved a pet shop employee who steadfastly refuses to believe a customer’s contention that the parrot he was sold is in fact deceased.

More info:
Monty Python: The true story behind the ‘Dead Parrot Sketch’

UPDATES:
U.S. economy stalled during the first quarter
Why the first-quarter GDP may get even uglier

The government’s official reading of domestic growth clocked in at a puny annual rate of 0.1 percent, falling short of even the most modest expectations.

  1. #1 by brewski on April 29, 2014 - 9:57 pm

    What?!
    Obama had a “Recovery Summer” to trumpet his own successes and the new green economy he created. Remember?

    http://www.politico.com/news/stories/0610/38654.html

  2. #2 by Richard Warnick on May 4, 2014 - 12:20 pm

    UPDATES:
    U.S. economy stalled during the first quarter
    Why the first-quarter GDP may get even uglier

    The government’s official reading of domestic growth clocked in at a puny annual rate of 0.1 percent, falling short of even the most modest expectations.

  3. #3 by brewski on May 4, 2014 - 1:23 pm

    It would have been a contraction if it had not been for higher heating bills in the east and higher health care spending.

    Obamanomics in action.

    • #4 by Richard Warnick on May 4, 2014 - 3:37 pm

      When they run the numbers again, I expect that first-quarter GDP will turn out negative. Republican economic sabotage in action.

  4. #5 by brewski on May 8, 2014 - 11:46 am

    • #6 by Richard Warnick on May 8, 2014 - 1:14 pm

      Which is why Republican economic sabotage works so well. However, I submit that in a functioning democracy we don’t send representatives to Washington to screw us over in the name of hyper-partisan politics.

  5. #7 by Richard Warnick on May 8, 2014 - 1:20 pm

    49 Million Americans Go Hungry, Despite So-Called Recovery

    Although the U.S. is said to be in the midst of an economic recovery, the percentage of Americans lacking consistent access to food has been stuck at the same level since 2008, the heart of the Great Recession. Congress hasn’t helped matters any by deciding to slash food stamp benefits at just the wrong moment.

  6. #8 by brewski on May 8, 2014 - 4:34 pm

    “Food insecure” and “going hungry” are not the same thing.

    The deliberate dishonesty of the Left.

    • #9 by Richard Warnick on May 8, 2014 - 4:59 pm

      “Food insecure” = “lacking consistent access to food” = HUNGRY.

      • #10 by brewski on May 8, 2014 - 8:06 pm

        Nope.

          • #12 by brewski on May 9, 2014 - 8:47 am

            According to the English language, “going hungry” means actually being “hungry”. It does not mean some broad statistical abstraction of being “food insecure” which includes tens of millions of people who are not actually “hungry”. It is this sort of shit which causes everyone to not take you people seriously.

          • #13 by Richard Warnick on May 9, 2014 - 9:18 am

            Right-wing logic is from another planet. If you don’t have access to food, you are hungry. This is not a difficult concept to grasp.

          • #14 by brewski on May 9, 2014 - 9:23 am

            left wing use of the English language and their proclivity for intentionally lying is from another planet.

            “food insecure” does not mean they “don’t have access to food”.

          • #15 by Richard Warnick on May 9, 2014 - 2:17 pm

            USDA Definitions of Food Security

            Food insecurity 2012

            We can belabor the point as long as you like, brewski. People not named Sean Hannity are going hungry in America. Fact.

          • #16 by brewski on May 9, 2014 - 4:12 pm

            This is a favorite trick used by Goebbels and all lefties. Play games with words to take some truth and explode it into one giant lie. Yes, some people are hungry. Yes that it true. But the expansive definition of “food insecurity” is so broad as to be meaningless. A similar trick has long been used by the feminazi crowd who define sexual assault to include anyone who has ever been looked at in an inappropriate manner, then saying that 99% of all women have been assaulted. Of course when they say assaulted it connotes in people’s minds of actual physical rape, molestation or some other kind of physical violence. And that is what you people want. You want to scare and exaggerate your point and if anyone disagrees with you people then you fall back on the “rape is real” and you are denying it. Of course no one denies it but what same people do deny are these words games used to promote their own bitter vendetta and they don’t need silly things like facts and words to get in their way.

          • #17 by Larry Bergan on May 9, 2014 - 9:51 pm

            brewski:

            We only need comments here, not a thesis for the Rush Limbaugh school of hatred.

          • #18 by Richard Warnick on May 10, 2014 - 2:47 pm

            What I saw by looking at that USDA site was a government bureaucracy tying itself in knots trying to avoid using the word “hunger” to describe what happens when people run out of food.

          • #19 by Larry Bergan on May 10, 2014 - 6:24 pm

            Agricultural smagricultural.

            Go to church!

          • #20 by brewski on May 10, 2014 - 9:28 pm

            that definition goes out of its way to not say that they don’t have food. they go out of their way to cast the net as wide as possible by using vague terms like the supply of their food is not “reliable” whatever the hell that means.

  7. #21 by cav on May 10, 2014 - 8:03 pm

    When considering the “Liberal / left are dumb, evolutionary dead-enders, hell bent on the destruction of the freedoms we’re presently blessed with”, and a favorite trope of brewski, people incorrectly assume that time is a strict progression of cause to effect, Actually, from a non-linear, non-subjective viewpoint, it’s more like a big ball of wibbly wobbly… timey wimey… stuff. It is in the realization that there exist a proliferation of equally valid and unquestionably ‘real’ Universii, that I live in continuous, devastating angst as the ‘truthiness’ of these pronouncements snowballs

(will not be published)


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