We are hemorrhaging jobs just now, but by historic standards, unemployment may look a little low. The official unemployment rate (which understates actual unemployment, to be sure) is at 7.6 percent, a far cry from the 10 percent-plus during the downturn of the early 1980s. In those years, Midwestern manufacturing shed more jobs than it is shedding today.
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Washington Post The Dysfunctional Duo
Washington Post The Dysfunctional Duo
In September, 2009 Atlantic Monthly named 
