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Failed magazine cover of the day

Submitted by Randall Kohn on Thu, 08/09/2012 - 10:43pm
Departments: 
Department of How Stupid Do They Think We Are?
Thread: 
Double-Ply Journalism

A top-rated finance mag asks the burning question:

Big or small? My own question in return: The Economist: stupid or malign?

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lambert's picture
Submitted by lambert on

Unlike any other recession in the modern era, government employment has decreased. That's because Obama didn't bail out the states and localities (choosing instead to bail out the banksters) and so they cut back on personnel, as they had to. If past trends were followed, DISemployment would be a full percentage point lower -- showing, if it needed showing, that DISemployment is a conscious policy choice by elites.