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Politics : The Obama - Clinton Disaster -- Ignore unavailable to you. Want to Upgrade?

To: longnshort who wrote (24549)	1/13/2010 11:33:23 AM
From: DuckTapeSunroof	Read Replies (2) \| Respond to of 103300

When the "discouraged" workers are added into the government's unemployment count we are perhaps looking at 20% unemployment now... (on near-par with the 25% unemployment of the Great Depression.) On the other-hand things in that area have been getting bad for a long time already, and the 2008 financial collapse just pushed the economy over the brink. The last decade saw (relative to new additions to the available work force as the population grows) no net new job production. And, the stock market finished the decade out (in real, inflation-adjusted numbers) nearly exactly where it started out: no gains. A lost decade truly.