new → pending
It is not clear at all what the actual "problem" is here, aside from the fact that if you keep on adding lots of event handlers on every event, the speed of execution will gradually become slower and slower. That is not a jQuery problem, but a problem for your application.
I cannot fathom a usecase in which it would be necessary to have two handlers, the first of which rebinds the second on every click, and the second of which rebinds the first on every click.
If you can provide any evidence of an actual, bona-fide jQuery bug, then we'll be happy to investigate this issue further. If your concern is an amorphous, "my code slows down when i add a boatload of event handlers recursively," then there is little we can do to assist.