Some data to ponder

posted by
March 20, 2011
by Arnold Kling  
Posted in Commentary

"How bad has the last decade been? I agree that, looking at the employment data, the last ten years have been terrible, particularly for the private sector. My one-liner is that so far, the 21st-century U.S. economy seems to be shedding a large portion of its 20th-century work force. Incidentally, that is why I do not blame monetary policy for being 'loose' in 2003-2004." (03/18/11)  


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