These Are The 9 Zero Hedge Charts Showing “Obama’s Recovery” That Angered The Washington Post | Zero Hedge

by Tyler Durden

As regular readers know, one of our favorite chartpacks to show “Obama’s recovery” is the one below, presented most recently just two days ago during Obama’s now almost weekly televised sermon of how the economy is great and anyone who disagrees is “peddling fiction”, which using simple Bloomerg data, summarize recent changes in key economic indicators including soaring federal debt and government dependency via food stamp use, surging healthcare costs and social inequality, plunging homeownership, income, and labor force participation, and – of course – driving it all, none of the president’s or Congress’ actions, but the Fed’s balance sheet, something even major banks admit is better known as “printing money” – money that ends up blowing one after another asset bubble unable to finds its way into the broader economy – a stigma that is now gone in a world in which helicopter money is seriously considered by lunatics in power.

 

via These Are The 9 Zero Hedge Charts Showing “Obama’s Recovery” That Angered The Washington Post | Zero Hedge

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