<?xml version="1.0" encoding="UTF-8" standalone="yes"?><oembed><version><![CDATA[1.0]]></version><provider_name><![CDATA[The Dish]]></provider_name><provider_url><![CDATA[http://dish.andrewsullivan.com]]></provider_url><author_name><![CDATA[Andrew Sullivan]]></author_name><author_url><![CDATA[https://dish.andrewsullivan.com/author/sullydish/]]></author_url><title><![CDATA[Chart Of The&nbsp;Day]]></title><type><![CDATA[link]]></type><html><![CDATA[
<p> <img alt="Finacial Crisis Comparison" class="asset  asset-image at-xid-6a00d83451c45669e2017ee3c46784970d" src="https://sullydish.files.wordpress.com/2012/09/6a00d83451c45669e2017ee3c46784970d-550wi.jpg" style="width:515px;" title="Finacial Crisis Comparison" /></p>
<p>Josh Lehner&#160;<a href="http://oregoneconomicanalysis.wordpress.com/2011/09/19/this-time-is-different-an-update/">compares</a> America&#039;s great recession to other financial crisis recessions:</p>
<blockquote>
<p>All told, the recent U.S. financial crisis looks very similar to the historical crises as detailed by Reinhart and Rogoff – your “garden variety, severe financial crisis.” However the US labor market has performed better than 4 of the previous Big 5 crises and Japan’s economic and employment experience over the past twenty years is unique in its own right.</p>
</blockquote>
<p>Joe Weisenthal <a href="http://www.businessinsider.com/us-bailout-success-2012-9?op=1">uses</a> the chart to argue that &quot;bailouts worked.&quot; Derek Thompson, on the other hand,&#160;<a href="http://www.theatlantic.com/business/archive/2012/09/the-jobs-crisis-in-2-graphs-1-totally-depressing-1-only-sort-of-depressing/262796/">points out</a>&#160;that &quot;there is no chart that can authoritatively tell us what policymakers and politicians would like to tell us: And that is, where the U.S. is today versus where it would be if their policies and ideas were law.&quot;</p>
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