What 3.6 Million Jobs Lost Over 13 Months Looks Like
This chart compares the job loss so far in this recession to job losses in the 1990-1991 recession and the 2001 recession – showing how dramatic and unprecedented the job loss over the last 13 months has been. Over the last 13 months, our economy has lost a total of 3.6 million jobs – and continuing job losses in the next few months are predicted.
By comparison, we lost a total of 1.6 million jobs in the 1990-1991 recession, before the economy began turning around and jobs began increasing; and we lost a total of 2.7 million jobs in the 2001 recession, before the economy began turning around and jobs began increasing.
What Would Lincoln Do?
Congressman Twitters secret trip to Iraq
For security reasons, the congressional delegation led by House Minority Leader John Boehner to Iraq today was supposed to be secret. Everything had been going fine in that regard. Even media outlets that knew of the trip, like the Congressional Quarterly, kept a lid on the news.
That was, until Representative Peter Hoekstra(R) Twittered his arrival into Baghdad. "Just landed in Baghdad. I believe it may be first time I've had bb service in Iraq. 11 th trip here," he sent from his Blackberry.
Rift Between Hamas and Fatah Grows After Gaza
Reconciling Hamas with Palestinian Authority President Mahmoud Abbas is viewed as a precondition for rebuilding Gaza, but the prospect of unity isn't helped by the news that the Islamist militants are accusing the president's men of collaborating with the recent Israeli offensive — and punishing them by summary execution or shooting off their kneecaps.