Via The Hayride, here’s a chart showing the percentage of the federal budget going to entitlements and defense since 1962. Notice the first big spike? That was after Lyndon B. Johnson launched his great entitlement society. It’s only gotten worse since, and notice how there was another spike after the election of President Barack Obama. He’s the second-coming of Johnson, not Lincoln.
Now here’s a chart I found at Maggie’s Notebook showing post-recession job losses since WWII. The current situation really stands out, even if it is a few years old. The linked post is about investing, and how difficult it is making investment decisions these days. I’m not confident in anything, and haven’t been confident for over four years.
Unfortunately, the voters chose more of the same, so things aren’t going to get better any time soon.
Be sure to follow the links above because there is much more at both of them, too much to even caption.
Update: Linked by The Pirate’s Cove – thanks!