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Sunday, January 11, 2015

Economic Recovery Despite Republican Obstructionism

Click here for an article by Jon Perr at Daily Kos entitled "Democrats saved the economy, Republicans tried to kill it."

It's a long article, with charts and graphs, but well worth the read. It's a comprehensive discussion of how the U.S. economy has performed during the Obama administration. It's the story of how, as Obama took control, the downturn was proving to be much more severe than had been forecast; how TARP, the stimulus, and the auto industry bailout slowly brought the economy back from the brink of disaster, as Republicans howled in anger over Obama's "destructive" programs; how the Republicans blocked and hindered economic progress at every turn, calling for cutbacks and austerity, predicting imminent catastrophe -- we're Greece, I tell you, Greece! -- which somehow never materialized.

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