Charts of the Day

Karl Deninger at Market-Ticker has a long post a a response to Congressman Paul Ryan's recent comments about the financial state of the United States.

This other Karl posts this chart of debt vs. GDP.  It appears our Commie in Chief was slightly incorrect about government spending's impact on the economy.  Instead of a positive influence, increasing debt appears to damage an economy.  Huh.

In other words, don't try this at home.

Karl has some other charts in that post in response to the Fed's stupid 2% inflation concept.  Ready for $8 gas?

But there are still about 40% of Americans who support this President and his policies.  They are the ones who will tell us there are positives too.

Here's one:  look at how our president has influenced the purchase of Silver American Eagle 1oz coins.  Source: Seeking Alpha.

We wonder what a chart of gun sales would look like. 

Yes, our Dear Leader has positively influenced several areas of the economy.  No argument from us.

Posted today at Dilbert:

Is it possible the damage to our economy was planned, and the continued assault is intentional?

U/T: Karl