The Anti-Economist — From the July 2013 issue
The Labor Department reported that 533,000 people lost their jobs in November, a further 621,000 people were forced into part-time employment, and 422,000 more simply dropped out of the labor force. The report, describing a situation far worse than economists expected, also recorded 24,000 layoffs by auto dealers.MarketwatchRepresentatives of the Big Three car companies, facing their lowest sales in decades and, in the case of Chrysler and General Motors, imminent collapse, again appeared before Congress (traveling by car and commercial flights this time, rather than on private jets) to ask for $34 billion in aid, a few billion less than …



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