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SJEmmerich

10/07/11 3:05 PM

#3561 RE: wow_happens28 #3560

I'd like to see a chart like this for non-government jobs as I think this recovery may be fairly unusual in that it has a significant headwind from government job reductions.
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RC2

10/09/11 2:23 PM

#3565 RE: wow_happens28 #3560

Recession?



IMO, any comment on the recession of the past several years that compares it solely to "post-war" recessions is not worth reading.

Such comments totally miss the fact that this recession is not simply a "business cycle" event but rather a "credit contraction/destruction" event. These things take years -- not quarters -- to work themselves out.