Time does fly. I am going to make the incredibly insightful observation that it is about mid-November, which means that 2014 is almost here. We'll probably have the now-standard "positive enough" jobs reports in the early part of the year, everyone will declare victory, and then, once again, the reality will sink in (though it never quite sinks in enough).
It doesn't take geniuses to imagine the effects of long term high unemployment on the long term economy.