Daddy, When Will the Recession Be Over?
No wonder nobody knows what to do!
To the Editor:
Now that you’ve asked 11 economists to answer
the question “When Will the Recession Be Over?” (Op-Ed, March 1), and
now that I’ve read their answers, only one thing is clear. In 11
different ways, they don’t know. So, that’s how exact the so-called
science of economics is.
In any case, why would they know the
answer when (maybe) only one of them even had the wherewithal to see
the meltdown coming? Really, it’s akin to asking astrologers to predict
Prague, March 1, 2009
When economy bottoms out, how will we know?
Yes Virginia, the Recession is over – we are in a Depression now.