curiouscapitalist.blogs.time.com - 3/16/2009
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Writing (and charting) about the latest employment numbers a couple of weeks ago, I concluded that: It's probably still nowhere near as dramatic a chart as the monthly numbers from 1931 and 1932 would make. But the BLS wasn't on the case back then. That brought an e-mail from Dartmouth economist ...
yglesias.thinkprogress.org - 3/16/2009
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yglesias.thinkprogress.org —
The current recession is “the worst since the
Great Depression” but it’s still a good deal better...
than the Great Depression. Justin Fox has a chart that makes the point: The data’s not directly comparable because farm ...
(more)
Current Job Losses: Not as Bad as the Great Depression
curiouscapitalist.blogs.time.com - 3/24/2009
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curiouscapitalist.blogs.time.com —
In a comment to my post channeling John
Hempton's idea that the Treasury's new asset purchase plan...
could be a step along the path to a better-informed selective nationalization of banks, tc125231 writes: Please explain why saying nationalization ...
(more)
Paul Krugman: Smart economist, or all-knowing being? :: ...
moonbattery.com - 3/19/2009
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moonbattery.com —
Our great socialist leader can play any game
and win — even capitalism : On February 22,...
2005, Barack Obama, a U.S. Senator at the time, placed a trade on a tiny biotechnology company out of Oregon. The biotech company's name is AVI ...
(more)
Barack Obama, Capitalist
Comments
Blog Reactions
This Is Not The Great Depression
Swampland —
... We've been offering you some scary jobs charts lately, so here's a more reassuring one (relatively speaking) from Justin Fox.
...
Current Job Losses: Not as Bad as the Great Depression
Matthew Yglesias —
... The current recession is “the worst since the Great Depression” but it’s still a good deal better than the Great Depression. Justin Fox has a chart that makes the point: ...
Don’t Compare This With the Great Depression
The Glittering Eye —
... Over at one of Time’s blog sites there’s a series of graphs which should convince anybody but the most determined that comparisons between the job situation during the current recession and the Great Depression of the 1930’s are ridiculous: ...
Not Your Father's Depression
The Daily Dish | By Andrew Sullivan —
Justin Fox posts a relatively hopeful chart on unemployment numbers:
Slow Joe on the Great Depression
Power Line —
... Franklin Roosevelt? How about Abe Lincoln? Harry Truman? Ronald Reagan? But let's stay with Roosevelt. Comparisons between the present economy and the Great Depression are overblown, to say the least, as this chart showing job losses in the Depression and six subsequent recessions reflects; click to enlarge: ...
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