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Sunday, December 5, 2010

More Pictures - Stimulus Prevents Unemployment from Exceeding 8%



Another scary graph regarding economic performance. Even worse, I think it understates the actual unemployment. The latest economic headlines tout an unemployment rate of 9.8%.

The chart below is also pretty scary, showing the duration of unemployment compared to previous recessions.



Image courtesy of calculatedriskblog.com.


If there is a greater indictment of the administration's policies, I can't think of it.

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