I've seen previous worries about the potential of 9 percent unemployment, but Jon Markman says we could approach double digits, one of 11 predictions he has for next year.
He also predicts Obama's big infrastructure package will bog down. I agree; that's a huge pie and Congress will have many sticky fingers.
And, he says the Russian economy will hit the skids. Read the full thing for all 11 reports.
A skeptical leftist's, or post-capitalist's, or eco-socialist's blog, including skepticism about leftism (and related things under other labels), but even more about other issues of politics. Free of duopoly and minor party ties. Also, a skeptical look at Gnu Atheism, religion, social sciences, more.
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As seen at Washington Babylon and other fine establishments
December 24, 2008
Will unemployment hit 10 percent next year?
Labels:
recession 2009
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