With ginormous loss of jobs, we may be headed towards the worst recession in US history since World War II. Look what former labor secretary Robert Reich says:
We are falling off a cliff. To put these numbers into some perspective, the November losses alone are the worst in 34 years. A significant percentage of Americans [...]
December 6, 2008
Those Ominous Numbers
December 6, 2008
Unemployment Highest Since Nixon Era
Nostalgia for the Nixon era has been wafting through the air as of late. Ron Howard’s film Frost/Nixon gives Americans unhappy with Bush’s reign a chance at something close to collective catharsis—one can fantasize that the on-screen Nixon is George Walker Bush, finally admitting to feelings of guilt and regret.
No such catharsis comes when we [...]