“Recession May Be Over, but Joblessness Remains” (TIMES Business Day, 9/21/10)

          Hallelujah! The longest and deepest “recession” since World War II has ended; at least, according to the National Bureau of Economic Research’s Business Cycle Dating Committee (whew!) or NBERBCDC for short. 

          There were no photographs so we are not  sure if these clowns were dressed like Emmet Kelly of Circus fame or Sesame Street’s Big Bird.

         How the hell can anything be done about the dire unemployment situation in  the USA if we rely on the likes of the NBERBCDC for a prognosis?

          If only James Poterba could announce the end of the war in Afghanistan, we could bring the troops home for tthe traditional 


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

%d bloggers like this: