Saturday, July 03, 2010

The Good Old Days of Economic Shambles

From Jim Geraghty at National Review Online:

I went back and found this golden quote from a February 2008 Democratic debate: “Our economy is increasingly in shambles. And the families of Texas and all across America are feeling the brunt of that failing economy.” Well, that “failing economy” had a national unemployment rate of 4.8 percent. Captain Kickass’ first term will probably never see as many Americans employed as what he labeled a “failing economy.” If that was shambles, what is this? . . .