Friday, September 03, 2010

unemployment rose

Well, unemployment rose unexpectedly yet again. I mean what is this anyway? Unemployment goes up in a recession. It goes down in a recovery. However, according to the debunkers everything is fine and I am a nut case. Hey, you see, they were predicting unemployment would not go over 8% and we are head back into double digit territory again. This is a sign. Yeah, a sign of a looming depression, not a recession. Things keep getting worse. Oh, good news - the stock market went up. What can we say - no doubt that will put food on your table from now on. My question is - with people losing jobs, how can an economy improve?

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