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Wednesday, November 11, 2009

Fed Officials Say Recovery Will Be Hampered by Unemployment

http://www.bloomberg.com/apps/news?pid=20601087&sid=avesmJ.KupaM&pos=7
Fed Officials Say Recovery Will Be Hampered by Unemployment

Silly me. I thought rising unemployment meant the economy was getting worse. It is a good thing I have my government to explain to me that the economy can get better while the jobless rate continues to climb.

I wonder if that means that if we close all businesses, thus making everyone unemployed, that the economy will have reached 100% recovery?

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