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I think he's not trying hard enough.  Here's my analysis from last month:

As you can see, a straightforward short window differential linear extrapolation leads to the much more promising recovery in just a few years.

by njh on Wed Jul 21st, 2010 at 08:50:32 PM EST
[ Parent ]
True, but why do you assume a steeper rate of job growth than occurred from 2002-2007? What has happened to enable greater job growth now?

As the Dutch said while fighting the Spanish: "It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Wed Jul 21st, 2010 at 09:16:32 PM EST
[ Parent ]
I based it purely on the rate of growth recorded that month.  Historically I'm sure similar periods of growth have been recorded.
by njh on Wed Jul 21st, 2010 at 09:19:26 PM EST
[ Parent ]

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