A Scary Thought From Paul Krugman On Growth And Jobs

Reacting to the news that the U.S. economy actually grew in the third quarter of this year, Krugman throws a wet blanket on things, and says growth isn't happening fast enough to affect the high levels of unemployment at present:

At this rate, we wouldn’t reach anything that feels like full employment until well into the second Palin administration.

Heh.