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Bailout

: Macroprudential

Unemployment datapoint of the day

By Felix Salmon

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Brad DeLong reminds us, in case we’ve forgotten, how much worse things are now than we feared they would be last December:

unemp.jpg

Does this mean the recovery plan has failed? Or that it was even more necessary than we thought at the time? Or both?

Full post as published by Macroprudential on June 18, 2009 (boomark / email).

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