Saturday, April 18, 2009

That's High

I really don't get the sense that our elite press really has a sense of how bad it is places. They tend to talk about recession in terms of what new accessories it my inspire. Oh, and those poor people who might have to send their kids to public schools.
SAN FRANCISCO, April 17 (Reuters) - California's unemployment rate rose to a record 11.2 percent in March and analysts expect job losses across most industries in the most populous U.S. state to increase through much of this year.