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Unemployment: 10.2%

November 6, 2009

This chart from the stimulus brochure is looking worse and worse:

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First 100 days (of the stimulus bill)

May 28, 2009

The White House is praising the stimulus bill, saying that it has created 150,000 jobs in its first 100 days. Unfortunately, in the last 100 days 9,000,000 people filed jobless claims for the first time.  Thus, the stimulus bill has offset less than 2% of the jobs lost, or - to spin it positively - […]

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A sense of despair

February 27, 2009

For once, I agree with Paul Krugman when he writes: There’s so much to like about where Obama is going — health care, transparency in government, ending the war in Iraq. And the stimulus bill is OK, though not big enough. But on the question of fixing the banks, many of us are feeling a […]

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