Mark Thoma posts the following chart (via Derek Thompson) to show that folks are “forgetting about the unemployed”:
Chris Hayes quips, “well, there you have it: unemployment’s over.”
What’s striking, though, is that even in January of 2010, when unemployment was over 10%, deficits received equal mention as unemployment. The media is certainly culpable here, but I’m guessing that their headlines are driven by the political discussion, which since the passage of the stimulus has been entirely warped. Goes to show that our political leaders, and the media by extension, will never give unemployment the attention it deserves.
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