U.S. Jobless Rate Climbs to 8.9 Percent

[Bitmap Frogs]

MontanaHatchet said:

Bitmap Frogs said:

What? Do you really think this is the recession to end all recessions and bring down the system? Of course we'll recover - that's the way things work. 

Anyways, still three months to go until the GDP gets reported.

 

Three cheers for interpreting statements in the wrong way! Cheer one, cheer two, cheer...three! Even when the recession is over, a lot of countries will have more debt and a higher deficit.

 

 

You are frisky today...

So, the debt. Increasing deficit and debt has been the standard procedure used by governments... what makes it different this time?