More on Unemployment

On October 11th the Investors Business Daily newspaper published the graph, below, a modification of the one I showed in my last post. Although the base graph is not as up to date as the one I showed, what’s interesting, and chilling, is their line showing that our projected employment level will not recover for 10 years.

IBD 10-11-2010 Unemployment

10 More Years of Underemployment?

As Scrooge asked the Angel of Christmas Future, and I paraphrase, are these images of what must be or only of what may be? I think the latter. With the proper, free-market, policies we can turn this around.

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