http://www.fool.com/investing/general/2012/06/08/the-looming-lost-decade.aspx
Three years ago, The Wall Street Journalwrote that unemployment will likely "remain above prerecession levels through 2019."
That couldn't be right, I thought. 2019 would be 12 years after the recession began -- longer than it took for employment to recover after the Great Depression. Surely they meant 2010, maybe 2012. I emailed the article's author asking whether the 2019 reference was a mistake.
"Believe it or not, 2019 is correct," he replied. "Sorry to be the bearer of that fact."
This was my first blunt-force realization of how extreme our jobs crisis is.
(Article does continue. Zim.)
Mad Poet Strikes Again.
| 
