The economic news may be worse than what the general media are telling us. The Wall Street Journal has an article explaining how deep and severe this recession is. One important item to note is that this recession has wiped out all of the job growth that has occurred in the past 9 years.
With all of the stimulus money spent so far and no noticable improvement in the economy, it makes one wonder whether anyone in Washington DC understands economics at all.
Click here for the details from the Wall Street Journal.
