Figures Don't Lie

Many years ago, my Uncle Wes was listening to a political commentary on the evening news. About halfway through the piece he got up, turned the TV off and told me: "Figures don't lie but liars sure can figure" This Blog is dedicated to setting things right about a few of the numbers tossed around in today's political discussions.

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Location: Bloomington, Minnesota, United States

How old am I? Well, for much of my career, I had a secretary. And, my best secretary could take shorthand.

Saturday, June 06, 2009

Are You Feeling Stimulated Yet?

So, you were probably wondering: "How's our financial stimulus plan working out?"

When it was sold to us back in January, the administration was nice enough to provide a chart showing what would happen to unemployment rates with the Simulus versus not having the Stimulus. The blog, Innocent Bystanders has kept the chart and been tracking actual results:

Not surprising, since a spending stimulus takes much longer to have any impact than a tax-cut stimulus. And much of the "Stimulus" spending wasn't even planned to take place this year. (Just 8% of it during the current fiscal year ending Sept 30!)

However, the projected budget deficts as reported in the Washington Post:

Are beginning to have the expected results on interest rates:


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