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View Diary: A recovery that's 11 million jobs short (82 comments)

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  •  look at that slope... (0+ / 0-)

    while I'm not cheering the pace of recovery, I've never seen a slope like you've drawn that can be sustained for very long in any thing - be it housing prices, employment gains, tulip sales, or ski slopes.

    put a more realistic slope on that baby, or extend your timeline to prove it's more reasonable.

    Again... not saying job growth is currently good, but reality is rarely a straight line up

    •  See link... (0+ / 0-)

      You're right that we had a housing bubble, but the graph begins at the end of the tech bubble.  So, my guess is that employment sloped upwards through the 80s and 90s and 00s with only mild breaks for a few recessions.  The real issue here is that this recovery, despite record amounts of stimulous spending, has been pathetic.

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