To express a Great Curmudgeon manner of thought, I'm so old that I can remember when a rough average of half a million people a month losing their jobs for over thirty months wasn't considered a good thing and in fact was a sign of something else.
(Graphic: Calculated Risk; New Jobless Claims Since 2000)
[Note: CR uses Treasury data when showing the 'Recession' as
beginning in 2007 and ending in June 2009. And if you believe
that, I suggest you do some sniffing around on your own...]
But, on the lighter side, President Boner and President-Elect Beck remind us, along with Lard Boy in his New Wedded Bliss, that they know best, and that 'Tough Love' is exactly what Americans need in their Time Of Trial.
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