How to Tell When the Recession is Over
February 27, 2009 at 21:57 PM EST
Government economists must be nice folks. They’ve had to break a lot of bad news to us since this recession started over a year ago. But they’re nice. They’re breaking it to us as gently as possible. They ask, “Do you want the bad news first? Or the really bad news?” And Wall Street’s reflex to avoid reality [...]