The Depression is Here

[Soylent Brice]

http://www.msnbc.msn.com/

And this is what the unemployment rates looked like during the years of the Great Depression. If you scroll half way down the article you’ll see the actual national numbers.

http://www.bls.gov/opub/cwc/cm20030124ar03p1.htm

[FreakinDJ]

1. What kind of BS is MSNBC peddling - Calif is at 9%

and expected to top double digits by next month

[Soylent Brice]

2. obscuring the truth is what MSM does. n/t

[nc4bo]

3. Watch out for the slider - move it all the way to the right side.

The map starts at Sept, 2007.

[Kalyke]

4. You have to pull the bar across the top to get to today's figures.

It starts in 2008.

[fasttense]

5. Everyone thinks that the Republicon Great Depression hit all at once

and that in 1930 a 25% unemployment rate came to stay. But when you look at the chart of unemployment it took 3 and 1/4 years to reach 25% unemployment. In a year and a quarter after the sudden fall of the stock market in 1929, the unemployment rate was only 8.9%. We are close to that now at 7.6%. If you counted all the discouraged workers that are taken off the rolls after a year the unemployment rate would easily reach 8.9%.

[kentuck]

6. I was just down on the corner...

and I saw all these guys standing around with their hands in their pockets and looking down at the sidewalk. Then I saw something peeking around the corner. It looked like it might be Mr. Depression?

[galileoreloaded]

7. History will probably show that GD2 started with the tech crash. N/T