“So we hit 15% unemployment (improbable, even with this administration).”
Real unemployment has been over 25% for some time now.
>>Real unemployment has been over 25% for some time now.<<
I am using the classic definition for brevity. If we were really at 75% employment we would be looking at dust bowl conditions.
It is bad but just not that bad yet. And I don’t see it coming to food riots or needing to use my zombie biker army.
Especially if we elect Herman Cain in 2012. Then this whole discussion becomes moot :)