Gerald Epstein (Political Economy Research Institute, and Department of Economics, University of Massachusetts, Amherst): The basic policies must change or recession and high unemployment will continue
Posts tagged ‘monthly jobs report’
Another Day, Another Stock Slide
by Downtowner, posted on Thursday, August 4th, 2011 at 4:35 pmThough this one is a bit of a biggie: the Down closed down 512 points, its worst day since 2008, you know, the last time our economy crashed into the most serious recession since the Great Depression.
But, not to worry, as I pointed out yesterday, we’ve solved all of our economic problems.
Next up: jobs report, due out tomorrow. But I’m sure that will be good news. Lots of people are saying that it’s going to be good news. Sure, none of the unemployed people I know are saying that, but lots of people are optimistic. I know I read that somewhere on the intertubes.