Unemployment Chart - Initial & Continued
H/T: Greg Mankiw:
I'm no economist and I don't play one on either radio or in the blogosphere. What this chart does tell me, all dire doom and gloom aside from the Left, is that this is NOT the worst recession since the Great Depression; heck, as far as unemployment is concerned, we haven't even reached back to my college days back in the mid '70s.
'Ginning up a crisis in my opinion to spend A TRILLION as political payback and to submarine back welfare reform and start up Universal healthcare.
And who knows, maybe that was the major intent in the first place....
