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08 Feb 2009 02:51 pm
Even More Context
Pelosi's graph is not that misleading:
As measured by the percentage drop in payroll employment over most of the time periods I looked at, this is the worst since 1974-1975. And barring a dramatic recovery in the next
couple of months, the total job losses from this recession will likely
come out even worse than those of 1974-1975.
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