Tuesday, February 1, 2011
The American Enterprise Institute, in it's magazine, points out that this is the weakest American economic recovery from any post WWII recovery, and that the recovery has barely benefited the workers, which raises a question of its durability. It also points out that adding the officially unemployed, the discouraged unemployed and the underemployed together we have a 17% real unemployment rate. That is more nearly Great Depression levels than recovery levels.
No Recovery for the American Worker — The American, A Magazine of Ideas