Almost 700,000 jobs lost in December

By Megan McArdle

Clusterstock has the goods.  I recently realized that over the past few weeks, without really noticing, I've slipped quite naturally into referring to the current crisis as "the Depression".  I also realized that no one I've spoken to has challenged that description.

This article available online at:

http://www.theatlantic.com/business/archive/2009/01/almost-700-000-jobs-lost-in-december/4536/