Yes, that's right . . . that's the number of jobs lost in the US in the first half of 2008. Stock markets, flirting with a bear market, finished another losing week. Oil pushed to a record high. Inflation and foreclosures are up, consumer confidence is down . . . can we say recession?
Check out this video from The Washington Post's Dana Milbank of The assistant Treasury secretary for economic policy, Phillip Swagel.
Check out Milbank's full story . . . it's very good Sunday reading. :-)
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