This morning the Bureau of Labor Statistics announced the economy lost 533,000 non-farm jobs last month, giving us a main-line unemployment rate of 6.7%. This is the highest since 1993, which, along with the usual credit-crisis indicators (like the 3-month Treasury now at zero), is quite sobering.
Appropriate, then, that today is the 75th anniversary of the 21st Amendment, repealing Prohibition.
Sláinte!