With all of the anti-communist hoopla yesterday and today on the radio, and the absence of celebrations marking the 1917 revolution by leading left groups here in the US, you may have forgotten that we have a so-called "jobless recovery" under way. Read about it at ZZ's blog:
This sure is some recovery! The first week in November brought remarkable results for an economy widely held to be on the mend. Earnings of corporations are on the rise, the stock market is perking up, and the Administration is claiming credit for pulling the economy back from the brink and setting it well on the course to health.
But in the other world, the world outside of Wall Street, gated communities, and the political elite, the news is catastrophic, pushing the misery index dramatically higher.
Read more here.
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