Comment on Wall Street analysts and economists have this recession recovery wrong

Wall Street analysts and economists have this recession recovery wrong

The recession is well behind us now, and Wall Street seems to think this recovery should be all wrapped up. Consider this: The federal non-farm jobs report for June was pretty awful. The private sector created 57,000 jobs. Federal, state and local governments cut 39,000 positions (the eighth straight monthly decrease in government employment).

 

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