December’s unemployment report, slight return

I had wanted to mention several posts ago about December’s unemployment numbers that pushed unemployment up to 7.2% that this figure is fairly normal historically speaking. The recession of 1991 had higher unemployment than 7.2%. The recession of 2001 had about the same unemployment. And so on and so on. Unemployment was especially tragic back in 1982 and even entered double digits! My point is that recessions suck, but let’s keep things in perspective and let’s stop with the Great Depression comparisons as they are ABSOLUTELY UNWARRANTED.