Tell me about it.
Unless things pick up in my business, this will be my fourth straight year with a loss on my Schedule C, and third with no income at all.
As for the "good news," unfortunately "Recovery Summer" was supposed to be 2010.
Some more graph stuff here.
It should be remembered that the great New Deal (1933) resulted in seven solid years of unemployment rates over 14 percent, with the average over that time being 17.6 percent.