Economy

Doing Just Fine

According to the Wingnutosphere, yesterday was a day that will live in infamy. Why? Because President Obama said the private sector is "doing fine."

They are doing fine, actually. More than fine.

Business Insider has a rather large collection of charts, supported by data from the Bureau of Economic Analysis, that corroborates every word the president said. Here are a few of my favorites.

Corporate profits after tax

Rental income

Private sector employment

Business Insider's glorious collection of charts also covers the president's words on the slump in public sector employment, but that's not in dispute by the Republicans. They may even gloat about it. You know, because those aren't real jobs.