Hacker News new | ask | show | jobs
by BobWarfield 4902 days ago
The scariest thing in the article is the unemployment graph from Calculated Risk. Isn't it interested at how Wall Street has gotten better and better at inflating bubbles that take longer and longer to recover from.

I just wish the gov't was more focused on creating jobs instead of all the other BS they're fighting with each other over.
1 comments
muzz 4902 days ago
Huh? You do realize that we are in month 60-something, ie the upswing, of that graph that began in 2007. Private sector has been creating jobs for over 3 years now, etc.

What that graph really shows is how deep the Great Recession was-- it should be compared to the Great Depression rather than the garden-variety recessions we've had since then.

link
rrmm 4902 days ago
Indeed. Today's kids may or may not be screwed, but I don't think CR's chart implies what the article's author infers from it.

Starting the article off with post-apocalyptic imagery seems to be the wrong tone to make any constructive statement.

link