Monday, February 01, 2010

A long way to go

Economics experts keep talking about how all indicators are improving, the recession is virtually over, etc. Yet the jobs numbers keep falling, and it would take a virtual renaissance to replace all the jobs lost, let alone create enough more for the increasing population. Even in my relatively secure circles, things just don't feel better yet by a long stretch, and I was sort of perversely reassured to see this grim graph and quote:
What we see in the United States and some other economies is a statistical recovery and a human recession.
Larry Summers, Davos, Jan 30, 2010
(And now there's this too!) Let's get back to that job-creation business, folks, and stop worrying about corporate ledgers!

(via Atrios)

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