Recession? Yes. Meltdown? Not Even Close.

If you, like plenty of others, have read so much about our dire financial straits that your head is spinning, you might just want to read today’s article on the Kinggame blog. The author claims that our current unemployment rate is around 40% LOWER than Europe’s was in the financial boom times of the 1990s. That around 90% of the U.S. made the same amount of money this month as they did last month. Even September’s 1.2% drop in retail sales should be looked at in context.

Economic Meltdown [via Kinggame]