Another 11,000 jobs lost. Meanwhile the “real” unemployment rate is something like 15 or 16%.
Obama said the stimulus would keep the unemployment rate below 8%.
What say you, folks?
UPDATE, by Mark Noonan: Bank Failures rise to 130 for the year. I my view, there are no solvent banks in the United States. Just those who can still hide their insolvency, and those who can’t.
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