Via Reuters, we read Goldman Sachs’ Jan Hatzius, a touted tout, is forecasting unemployment to
stay above 10 percent through most of 2011. Holy shit.
Per Salon’s Andrew Leonard, if this turns out true, we could well see a GOP Congress from the midterm elections, which would, if anything, probably be even more disastrous for the economy.
Meanwhile, Robert Reich admits many “old jobs” have gone away forever, their demise accelerated by the recession. But, he insists a real jobs summit can and should address that.
Wonder if the Goldman Boys inside Team Obama are paying attention to Hatzius?
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