This is exactly what I’ve been waiting for to feel like a trough in employment could be at hand…

From the New York Post:

Even a résumé that boasts of saving the city from Doctor Octopus and sparkling references from the likes of Captain America can’t keep Spider-Man off the unemployment line.

The wall-crawler’s hard-luck alter ego, Peter Parker, will get canned by boss J. Jonah Jameson and join the country’s out-of-work millions in a storyline that starts in this Wednesday’s “Amazing Spider-Man” No. 623.

Seriously, the Spider-Man layoff is my purely anecdotal, 100%…

When people drone on endlessly about the Decline of the American Empire and about the fact that 10% plus unemployment will be a permanent feature, they forget about a very basic trend that has not abated…skilled, intelligent people from around the world want to “make it” here, more than anywhere else.

I was surprised to learn that, based on data from the H-1B Visa program for skilled immigrants, such a large percentage of these strivers are coming here from India.

From Economix:

Bear in mind, though, that a lot of the world’s innovators are still hoping to come to the United…

I find it delightfully ironic that both of these headlines came out within 24 hours of each other.  A hundred  years from now, economists will still be trying to make heads or tails of this dichotomy.

CNN Money - February 24, 2009: 10:27 AM ET Consumer confidence plummets

Wall Street Journal - FEBRUARY 23, 2010, 9:32 A.M. ET Wall Street Bonuses Rise 17%

John Edwards may be a lightweight, populist-baiting adulterer, but he may have been onto something with his “Two Americas” thing…

This is what happens to an economy when the senior figures in charge of the money decide…