Nothing To Do, Nowhere To Go 0
The Bushonomics Hangover continues. Bloomberg:
Payrolls fell by 190,000 workers last month, compared with a 175,000 drop anticipated by the median forecast of economists surveyed by Bloomberg News, figures from the Labor Department showed today in Washington. The jobless rate gained from 9.8 percent in September and exceeded 10 percent for the first time since 1983.
One more time, this resulted from Republican policy. It was not an accident.
It was the logical result of persisting in error.