www.businessinsider.com/david-goldman-heres-why-unemployment-will-remain-in-nosebleed-territory-forever-2010-2 more on this here, We are in for the long haul. God bless our college students, graduating to an empty work force
David Goldman: Here's Why Unemployment Will Remain In Nosebleed Territory FOREVER Joe Weisenthal | Feb. 18, 2010, 4:16 PM | 2,442 |
Credit market specialist and overall brilliant writer
David Goldman has an excellent essay at First Things.
In it he takes a long-term look at various economic boom and bust cycles -- what jobs were destroyed in each recession, and which industries took their place.