Friday, December 5, 2008

6.7%

Yikes. Unemployment higher than it's been in 15 years makes it a wee bit harder to cheer the Big Three on to bankruptcy court... but, man, does that bailout still seem like a terrible idea. It's hard to argue that teaching those guys a lesson is worth a million plus jobs though.

Also, as Jon Cole says, remember this when crazy wingnutters start talking about the "Obama recession" in 4 years.