At least according to Brian S. Wesbury and Robert Stein at Forbes.com.
Read the full position here.
Grant Brissey covered everything from hard news and technology, to music, film, and visual arts during his time working for The Stranger. Grant's work has also appeared at Geekwire, and in Billboard,... More by Grant Brissey
Ha ha! Ha! Ahhh, Forbes. The best strategy they’ve come up with for restoring confidence is whistling in the dark.
This is probably true.
But that doesn’t mean your own personal situation won’t get worse.
Look, you can either live in Hope or in Fear.
I choose Hope.
And that’s what gets you out of these things.
Choose Hope!
They forget the part that workers maybe making a little more but the number of hours has been cut back from an average of 33 hours per week to around 30 in the past year.
Ah, yes. Hope. The thing that floats.
Just like a turd in a punchbowl.
What’s “intense”? Like how the day the stock market crashed in 1928 was the most intense part of the Great Depression, because nobody saw it coming and everyone freaked out? Sure. There was still 10+ more years of depression.
Forbes said it. I don’t believe it. That settles it!
Now, if it shows up in Fortune, it might be more correct, mind you.
But seriously, attitude is a lot of what makes up the animal spirits of the markets.
Ha ha hahahahahahaaaaaa! Oh god. I didn’t know Forbes had merged with The Onion! How wonderful!
Oh yes Will @2, “Choose Hope!”, that’s lovely. Did you get those rose-tinted glasses at the Five & Dime store back in in 1968? They still fit? Impressive.
Hope is super. However “hoping” that a pile of bullshit is true won’t make it smell any better.
Will the Slog PLEASE stop covering Economics. Thanks.
@8 – unlike you, I read economics news for fun.