The headline from The New York Times today paints a bleak picture of the US jobs market:
The New York Times reported:
Driven by a painful mix of layoffs and rising food and fuel prices, the number of Americans receiving food stamps is projected to reach 28 million in the coming year, the highest level since the aid program began in the 1960s…
You’d think the US was in a depression from the news coming from the New York Times.
(US Unemployment Rate History)
Of course, you did not see these same depressing articles when the Clinton’s were in office and the average unemployment rate was even higher.
It didn’t fit the agenda.
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UPDATE: The Independent tops the NY Times with a “2008 Great Depression” article.
Hat Tip Bugler