"Here is an embiggened version of the infamous jobs chart prepared by Obama administration economists Jared Bernstein and Christina Romer back in January 2009 (and now updated again by me with data from the August jobs report)."
Dissent from the Majority Report of the Financial Crisis Inquiry Commission
"The question I have been most frequently asked about the Financial Crisis Inquiry Commission (the 'FCIC' or the 'Commission') is why Congress bothered to authorize it at all. Without waiting for the Commission's insights into the causes of the financial crisis, Congress passed and President Obama signed the Dodd-Frank Act (DFA), far-reaching and highly consequential regulatory legislation. Congress and the President acted without seeking to understand the true causes of the wrenching events of 2008, perhaps following the precept of the President's chief of staff: 'Never let a good crisis go to waste.' Although the FCIC's work was not the full investigation to which the American people were entitled, it has served a useful purpose by focusing attention again on the financial crisis and whether--with some distance from it--we can draw a more accurate assessment than the media did with what is often called the 'first draft of history.'"
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