Actor: Just out of curiosity, what timeframe are you quoting that 600K job loss number from?
Are we forgetting that, for the last 3 months before the stimulus package was signed (meaning the last 3 months of the Bush presidency) we were losing an average of 750,000 jobs PER MONTH?
A 0.1% 'jump' in unemployment is statistically insignificant. After all, it dropped just before that.
It would appear that we're "treading water" with only something in the 3%+ range of GDP growth (based on what I'm reading today) versus needing a 5.0%+ growth number to REALLY get the unemployment rate down.
But I can't stop thinking about how the Great Recession is *OVER* for executives.
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