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	Name:	water_watcher -
	Subject:	15% Unemployment
	Date:	7/13/2009 9:43:37 PM

I agree with part of your comment that not everyone will agree and I don't agree with everything he said. But his logic was solid and he supported his position and why very well.

What I don't agree with that you said is that this is uncharter territory. There are definitely some unique attributes to this recession, but not totally out of the ordinary. What is different is the approach to correcting it and getting the economy back on course.

That is different and definitely does not seem to be working and it is dismissed that it was worse than we thought but we will stay the course. I and others said long ago the stimulus would make things worse, not better. That seems to be holding true.