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Steven Perez
FiveThirtyEight: Politics Done Right: Unemployment Hits 10.2 Percent - http://www.fivethirtyeight.com/2009...
FiveThirtyEight: Politics Done Right: Unemployment Hits 10.2 Percent
"Oops. Back in August, I said that I thought there was only about a 1 in 3 chance that unemployment would break the 10 percent barrier. I think it was a well-reasoned analysis, but sure did turn out wrong. The data from the establishment survey -- which is completely separate from the household survey by which the unemployment rate is calculated -- wasn't quite as bad. This is the figure that the markets tend to trust more, which is one reason the Dow is slightly up today (although I do think it's somewhat overvalued and has been for a month or so). Still, even the "good" report had the economy shedding another 190,000 jobs." - Steven Perez from Bookmarklet
Deficit reduction died Tueday this sealed it, Stimulus 2 is certainly on the way... - WarLord