Grasping Reality with Both Hands

• 12/08 Baseline: What the Obama Administration forecast in late 2008 the unemployment rate would be if Bush administration fiscal policy were retained and the ARRA were not passed.
• 12/08 Baseline + ARRA: What the Obama Administration forecast in late 2008 the unemployment rate would be if its proposed policies were enacted.
• 2/10 Forecast: What the Obama Administration is currently forecasting for the unemployment rate.

Yes, I know, I know, it's been scary since the spring of 2009. But it is scary.