Here’s the great news as reported in the New York Times: “expectations for the future are improving in scattered areas…”
It’s amazing what passes for good news these days. For instance, if only 400,000 people are laid off in a month as opposed to the previous month’s five, or as opposed to the expectations, it’s somehow good news. It’s like your doctor giving you the great news that instead of 30 more days to live you actually have 40. Wonderful.
But maybe this is how the recovery begins. Every little sliver of hope is reported and commented on and these slivers become the story and people start believing, and then it reverses itself. Sliver by sliver.
So let me start it. It’s official. I have a job starting in two weeks. The recession is coming to an end. Pass it on. The recession is coming to an end.