Do you find this graph convincing?

The White House’s team recently released the graph at http://my.barackobama.com/page/content/recoveryanniversary/.
Personally, I find it to be a compelling display of data: clearly, the recovery act has helped staunch the bleeding, and job losses have slowed dramatically.

However, I wonder if my own politics influence me here. When you look at this graph, do you find it convincing, or do you feel like it’s misleading somehow? How do your personal political leanings affect how you read it?

Please mention in your answers where you align politically. I’m to the left of democratic party on most issues.