recession
Just the other day we were wondering, “What areas of the job market flourish in depressions?” and the answers were, “Repossessions, Netflix, economic analysis, and state unemployment offices, of course,” but it turned out that unemployment offices are all closing. Still, it seemed plausible that economists might have a pretty good lock on a job [...]
Congratulations to the 35,000 doomed people who filed new unemployment claims last week — thanks to you unlucky folks, January job losses hit 626,000, the highest unemployment numbers since the Ronald Reagan Recession/Depression of 1982. That was a fun catastrophe. Why doesn’t anyone ever talk about Reagan’s Depression?
UGH: “DETROIT — Chrysler says it will close all 30 of its manufacturing plants for a month starting Friday.” It’ll be like a vacation for auto workers, except they won’t travel anywhere and will enter poverty. We just couldn’t afford that $14 billion loan! [AP]
This is always the problem with furries: they talk a good game, and that’s about it. Even during the recession. [SF Chronicle]
Here’s heavy-petting Saxby Chambliss defending himself, on the Fox News, against a Jim Martin ad that quotes Chambliss saying he doesn’t even know what the term “recession” means. We’ll cut him some slack on that, because a new person is declaring a new version of the word everyday. But what’s notable is that Chambliss defends [...]
It seems like just yesterday our little recession spent all its time wailing for food and pooping its pants, but it’s already pretty big! Soon it will be all growns up and cooking meth in the back yard shed while it asks us for “rent money.” The National Bureau of Economic Research says our recession [...]
Peggington. We love Peggington so much, and we don’t even care who knows! In this week’s very special Thanksgiving edition of her Wall Street Journal psychodiary, “Declarations,” the Noonanism — an embarrassingly insular worldview in which no personal anecdote is void of world-historical spiritual import — has been cranked deep into the red. Here’s what [...]
Holy Jesus God do you know how bad this recession is? So bad that one of the most recession-proof industries ever invented, THE WEATHER, has now hit upon hard times. The Weather Channel is laying off some untold number of staff, probably millions, more than the whole auto worker’s industry plus Wall Street combined, because [...]
WHAT DOES THIS ALL MEAN?: Your Wonkette will now link you to a Huffington Post page that excerpts a New York Times article about the Recession possibly celebrating its first birthday now, according to math and economists. Rather than link directly to the New York Times article, we wanted to ask you, the reader, to [...]
If you own a house, it’s now worth negative nothing. If you’re a renter, your landlord is probably already in foreclosure and you will soon be homeless. Got some investments, maybe a 401k or whatever? You really don’t even want to look. Got one of those fancy jobs with benefits and health care and such? [...]
NATION OF RETARDS IS BETTER: John McCain’s advisers are more brilliant than you or me or me or you; we know this. That is why — in an election where massive economic despair is easily the biggest issue on unemployed, homeless, bankrupt voters’ minds — McCain economic adviser Phil Gramm said we are in a [...]
