A blog that covers Politics, finance, economics, and science. Perspective is conservative in the non-social sense, but not dogmatically so. Maintained by the Chief Technology Officer of a large Hedge Fund
Friday, June 10, 2011
An Unemployment Catastrophe
By Rich Lowry
Pres. Barack Obama is given to cute vehicular metaphors about the state of the economy. We were "in a ditch," then got out and hit a "bump in the road." This is studiously folksy. It also vastly understates the nature of our situation.