Mad rantings about politics, evolution, and microbiology. Comment policy: say what you want, but back it up with an email address. I don't like anonymous trolls.
A while ago, I snarked that ten percent U3 unemployment was the new normal. Well, Jamison Foser puts the new normal in historical context:
From 1948 through 2008, there were a total of 40 months in which the unemployment rate was 8 percent or higher. Forty months, total, in sixty years. The…