Moronomics: Why Doom and Gloom isn't as gloomy as you think

I was reading an article this morning in which I was informed that the Republicans won the two high profile governors races because people were worried about the direction the economy is going.  I was so shocked I nearly spit out my coffee, because if that is true, I may have lost all faith in people's intellectual ability.  Let me break it down for you.


1) REPUBLICANS GOT US INTO THIS MESS!  so why on earth would you vote them BACK into office?  Obama is trying to fix the mess Bush/Reagan made and he's doing it a whole lot faster than anything thought.  Are people really so stupid as to think that the republicans wont go right back to destroying or economy with their borrow, spend, oppress, make war mentality?


2) Where exactly is the economy going?  lets look at some statistics:
Job Lost by Month:

August 08: 175,000
September 08: 321,000
October 08: 380,000
November 08: 597,000
December 08: 681,000
January 09: 741,000
February 09: 681,000
March 09: 652,00
April 09: 519,000
May 09: 303,000
June 09: 463,000
July 09: 304,000
August 09: 201,000
September 09: 263,000
October 09: 203,000

FYI, this trend was expected by many economists, so it is hardly a statement about the president.

In the graph provided please notice how the numbers have dropped significantly and consistently since Obama took office (Red).  Also notice how the trend (or average change) is slopping downward (Yellow).  Now granted this is a very basic analysis, but still, why are people so afraid.  Things seem to be going in the right direction.

This should all be taken in addition to other indictors which have been showing growth for the first time since the beginning of the recession in 2007.

So Republicans are celebrating because people are scared shitless for no reason, and incorrectly perceive a bigger problem than exists in actuality.  How sad.

Moral of the story: People are wrong, the economy is moving the right direction, things are looking up, and if you are going to blame someone stop blaming the guy with the mop and start blaming the guy who made the mess.

Common Sense