May 9, 2009
-- by Dave Johnson
Hey people, the government hired a bunch of people last month -- just about the same number as the "huge drop in the number of jobs lost."
The economy still isn't functioning -- the government is stepping in and helping.
And even with that losing over 500,000 jobs in a single month is a disaster. It just isn't as bad as all those months as have been losing over 600,000. That's all.
Posted by Dave Johnson at May 9, 2009 12:30 PM
The 1920-1921 Depression was a more severe contraction than 1929 or 2008-2009. In response government slashed spending over 50%. Do you know what the results were?
This is probably a family-friendly site so I'll just say: Bullcrackers.
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