Herbert: No Recovery in Sight

No Recovery in Sight - NYTimes.com:
Bob Herbert, 6/26/09

"...Economists are currently spreading the word that the recession may end sometime this year, but the unemployment rate will continue to climb. That’s not a recovery. That’s mumbo jumbo."

"Why this rampant joblessness is not viewed as a crisis and approached with the sense of urgency and commitment that a crisis warrants, is beyond me. The Obama administration has committed a great deal of money to keep the economy from collapsing entirely, but that is not enough to cope with the scope of the jobless crisis..."

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Posted by Chuck Bell at 6:04 PM