All Commentary
Monday, April 25, 2011

Economists Becoming More Pessimistic


“Nearly eight in 10 economists say they’re less optimistic about the nation’s economic outlook this year than they were three months ago and most call high energy prices the biggest threat to the recovery, according to a USA TODAY survey. The good news: Despite a less-ebullient view, the economists have not changed their forecasts for significantly stronger job growth in 2011.” (USA Today)

Is President Obama the only optimist?

FEE Timely Classic
“Comparing the Great Depression to the Great Recession” by Burton W. Folsom Jr.