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Failed magazine cover of the day

A top-rated finance mag asks the burning question:

Big or small? My own question in return: The Economist: stupid or malign?

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Submitted by lambert on

Unlike any other recession in the modern era, government employment has decreased. That's because Obama didn't bail out the states and localities (choosing instead to bail out the banksters) and so they cut back on personnel, as they had to. If past trends were followed, DISemployment would be a full percentage point lower -- showing, if it needed showing, that DISemployment is a conscious policy choice by elites.