Unemployment levels are finally creeping back up. But at the current rate, a full recovery is years off–much longer than in past recessions, as shown in the graph below. Much societal anguish is yet to be felt.
Sullivan compiles informed opinion on the matter.
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Hammers Can't Fix Computers
IED Metrics for Afghanistan
On the Hill
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Winter Soldier
Jaylemieux 
[…] suggested some days back that much social anguish was to be expected before the economy recovers–and […]