The Economy Is Even Worse Than You're Being Told

Mort Zuckerman tells the tale that the mainstream media won't.

The cumulative job losses over the last six months have been greater than for any other half year period since World War II, including the military demobilization after the war. The job losses are also now equal to the net job gains over the previous nine years, making this the only recession since the Great Depression to wipe out all job growth from the previous expansion.

When the economy was roaring under Bush, the mainstream media emphasized every tiny little inconvenience and did such a good job of it that a plurality of Americans believed that the US was in a recession even when the economy was white hot.