(I'd have bet heavily that our elected representatives didn't understand data & graphs!)
Here 'tis, courtesy Swampland:
Some commentary (also from Swampland):
If you are having trouble reading the fine print: The blue line shows job losses in the 1990 recession; the red line is 2001, and the green line is the path we are on now.Mind you, I'm biased - I used to be a statistician...
UPDATE: To clarify, these are not projections. This is actual job-loss data.* Pelosi's office explains:This chart compares the job loss so far in this recession to job losses in the 1990-1991 recession and the 2001 recession -- showing how dramatic and unprecedented the job loss over the last 13 months has been. Over the last 13 months, our economy has lost a total of 3.6 million jobs – and continuing job losses in the next few months are predicted.*Pelosi's office says they used Bureau of Labor Statistics numbers.
By comparison, we lost a total of 1.6 million jobs in the 1990-1991 recession, before the economy began turning around and jobs began increasing; and we lost a total of 2.7 million jobs in the 2001 recession, before the economy began turning around and jobs began increasing.
BUT: I'd bet that President Obama, Majority Leader Reid, and Speaker Pelosi could assemble a few more graphs that'd make it extremely difficult for the Limbaugh's of the world to keep resisting the Democratic stimulus bill!
... you know, "One picture is worth a thousand words", and all that...
Sing songs of praise to... STATISTICS!
p.s. Here's a link to Speaker Pelosi's blog where this wonderful graph is posted: The Gavel