I'm sure all of you remember that disaster of a "stimulus" bill that was passed earlier this year with only two GOP votes (Specter didn't count then, he counts even less now). The drumbeat was that we had to do something and we had to do it now or really bad things would befall the American economy.

One of the graphics they used to sell the stimulus bill was this:

According to this graph, the unemployment rate was supposed to top out at 8 percent in the third quarter of this year. Well, we've got a couple of more months of unemployment data since the stimulus was passed. What do they tell us? (via Innocent bystanders)

Of course, we knew this would happen. The complaints at the time were that the stimulus was far too backloaded, with most of the spending coming in 2010, 2011 and 2012.

It also reveals the Obama administration's constant refrain that it has created or saved 150,000 jobs so far, to be nothing more than Bolshevik Storytelling.