Tuesday, July 26, 2011

The Daily Snark 7/26

There are 6.3 million Americans who have been out of work for over 6 months. As this news article points out, a lot of employers will not even consider hiring them because they have been unemployed for so long. Basically, these people are screwed. No, the answer is not more government regulation. What we need are jobs, which involves less government, not more.

I'm going to say that the odds of another major economic meltdown are at 50%, while the odds of civil unrest are at a not trivial 20% over the next two years. There is plenty of cause, the only thing missing is a good spark.

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