Saturday, April 04, 2009

Great Depression?

Interesting news coming down the wires today. The U.S. unemployment rate soared from 8.1% to 8.5%.

The stunning thing is, this is the highest it's been since 1983, at the height of the Great Depression!

Oh - wait - that's not during the Great Depression, that was back in the 1930s, not the 1980s. I guess they're hoping no one notices that we're still not as bad off as we were about thirty years ago, when the unemployment rate was higher, interest rates were all in the double digits, and inflation was a real thing - not something to be held off by risking deflation.

This reminds me of the Global Warming dopes who moan that it's now the warmest it's been since the 14th Century (back in the heyday of unjustifiably huge SUVs, right?). Nice headline to scare the sheeple, as long as they don't think about what they've been told ... and sheeple don't think, they follow - to the slaughter.


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