Another day, another terrifying economic report, this time on unemployment claims.
So are we now losing jobs at the rate of 600,000 a month? 700,000? If fiscal expansion takes, say, 8 months to kick in (and that’s optimistic), where will that leave us?
Friday, December 12, 2008
Krugman is terrified again
Paul Krugman is worried. This makes me worried..