The economic news is so depressing, there's nothing to do except to feel gratitude, that it isn't the worst yet. Millions of jobs lost are so much more in magnitude than the fact that during the Great Depression, 25% of the population were unemployed, because the population at that time was smaller.The
population of the United States was 123 million, which means that a 25% unemployment rate is equivalent to 30 million people. Now, we have a population of 317 million people, meaning that a 10% unemployment rate is over the total number of people ever unemployed in the ...