| Going Galt: Obama's Employment Line the Worst Since 1948 By Basil Irwin, FloydReports.com |
| The following chart is published by The Business Insider. This chart compares the progress of unemployment levels for recessions prior to 1948 by using the nadir of unemployment as the zero point in time for each depression. Thus one can compare the relative progress of employment loss and subsequent employment recovery for each different recession. Notice that the lowest line, which I call the “Obama Line,” shows that the current recession is far worse than any since 1948 in terms of both.... |
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