History 101: The Bulls Are Dead Wrong

http://www.businessinsider.com/panzner-bulls-are-dead-wrong-2010-1#huge-job-losses-1

Remember to flip through all of the slides presented on this link, it gives the complete story...

and when your done with that, check out this equally surprising set of charts on the decline in local and state revenues:

http://www.businessinsider.com/now-see-the-real-state-of-collapsing-state-tax-revenues-2010-1#while-local-municipal-taxes-are-holding-up-modestly-state-taxes-have-fallen-off-a-cliff-with-little-sign-of-slowing-1

Make sure you see all 8 slides...

Nothing short of amazing!