Did the stimulus plan fail?
9.8% unemployment in September (DailyMail blogs)
The biting sarcasm at the beginning is just the blogger's personal opinion (I got the link from a very conservative friend) but most of the text and all of the numbers seem to be right. The labor market is behaving opposite of what the White House predicted when preparing the stimulus plan.
( It's all downhill from here... )
The biting sarcasm at the beginning is just the blogger's personal opinion (I got the link from a very conservative friend) but most of the text and all of the numbers seem to be right. The labor market is behaving opposite of what the White House predicted when preparing the stimulus plan.
( It's all downhill from here... )
Comments 1
(The comment has been removed)
But it is certainly true that unemployment continues to grow beyond the bottom of the business cycle. Unfortunately that bottom can only be seen in retrospect.
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