Not much fun for the weekend, but here at Doc40, we take a great deal of notice of the unemployment figures, if for no other reason that a lot of our friends are writers and precious few are working. (Thank heavens I have a book to do.) Thus the news evoked nothing but dismay. The unemployment rate has topped 10% -- the first time since 1983. Per the AP, "The Labor Department says the economy shed a net total of 190,000 jobs in October, less than the downwardly revised 219,000 lost in September." But the unemployment rate increased, from 9.8% in Sept. to 10.2% in Oct. (And that not counting those who can’t claim benefits.) I can only agree with Paul Krugman when he argues the White House hasn't been aggressive enough. "President Obama came into office with a strong mandate and proclaimed the need to take bold action on the economy. His actual actions, however, were cautious rather than bold. They were enough to pull the economy back from the brink, but not enough to bring unemployment down." The sun ain’t yellow, it’s chicken.
The secret word is Dole
The secret word is Dole