Friday, February 5, 2010

We Knew It All Along

But, finally even the government bureaucrats have to admit that joblessness is much worse than previously reported -- 8.4 million jobs lost rather than 7.2 million. MarketWatch at WSJ tells the complete story that politicians were trying to hide. The most fascinating tidbit of the article is that the largest number of unreported job losses occurred during the first quarter of Obama's presidency.

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