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Omaha Steve Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Feb-07-09 02:43 PM
Original message
Time: How Bad Is It?

http://swampland.blogs.time.com/2009/02/06/how-bad-is-it/

This bad, House Speaker Nancy Pelosi's office shows us:



If you are having trouble reading the fine print: The blue line shows job losses in the 1990 recession; the red line is 2001, and the green line is the path we are on now.

UPDATE: To clarify, these are not projections. This is actual job-loss data.* Pelosi's office explains:

This chart compares the job loss so far in this recession to job losses in the 1990-1991 recession and the 2001 recession -- showing how dramatic and unprecedented the job loss over the last 13 months has been. Over the last 13 months, our economy has lost a total of 3.6 million jobs – and continuing job losses in the next few months are predicted.

By comparison, we lost a total of 1.6 million jobs in the 1990-1991 recession, before the economy began turning around and jobs began increasing; and we lost a total of 2.7 million jobs in the 2001 recession, before the economy began turning around and jobs began increasing.

*Pelosi's office says they used Bureau of Labor Statistics numbers.


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liberal N proud Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Feb-07-09 02:48 PM
Response to Original message
1. With no sign of a turn in sight
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bbinacan Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Feb-07-09 03:18 PM
Response to Original message
2. I'd be curious to know
how many people were employed at the time of the losses to see how the losses compare on a percentage basis.
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Earth Bound Misfit Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Feb-07-09 03:29 PM
Response to Original message
3. Huff Po had this also...
Edited on Sat Feb-07-09 03:31 PM by Earth Bound Misfit
http://www.huffingtonpost.com/2009/02/06/job-loss-chart-what-36-mi_n_164828.html?page=5&show_comment_id=20576301#comment_20576301






Steve, I need your help finding a recent post where a DUer explained what might happen in a National Federal election if it were run using NLRB "free & fair secret ballot" election rules. It really helps to illustrate to people who are totally unaware of how NLRB elections are done & REALLY helps to PROVE to these people how the rwers' talking points are PURE BU11S&@T.

Oh yeah, the OP: Pretty FRIKKIN'Bad...like the economy needs it's little blue pill.
:evilgrin:

Edited because I'm a nitwit...
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Omaha Steve Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Feb-07-09 03:53 PM
Response to Reply #3
4. Doesn't ring a bell

But I'm on antibiotics and feel like crap. I'll look around.

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Earth Bound Misfit Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Feb-07-09 04:16 PM
Response to Reply #4
5. Sorry you're not well...
Thanks anyway!

I'm sure you saw this: http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=367x17130

HUGE!11!! SERIESLY!!11!!1

OUR President had a very good week.
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