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dean baker
"The costs, human and economic, of high unemployment are heartbreaking. But it will take a measure of patience as well as a sense of urgency to prevent it from becoming a permanent feature of the U.S. economic landscape."
Yes, all the buffoons running economic policy who could not see the largest asset bubble in the history of the world are still there running economic policy. All the Wall Street clowns who made a fortune pushing junk mortgages and packaging them into complex financial instruments are still rich. That's just the way it is. The rest of us just need to be patient.
"The costs, human and economic, of high unemployment are heartbreaking. But it will take a measure of patience as well as a sense of urgency to prevent it from becoming a permanent feature of the U.S. economic landscape."
Yes, all the buffoons running economic policy who could not see the largest asset bubble in the history of the world are still there running economic policy. All the Wall Street clowns who made a fortune pushing junk mortgages and packaging them into complex financial instruments are still rich. That's just the way it is. The rest of us just need to be patient.