Monday, August 31, 2009
Long Post Late Tonight
"Everyone thinks the economy is getting better, but it isn't."
That's something I've been thinking since 2004. ;)
light. Instead of realistic analysis, more spin.
Fraction reporting more employment: Also small, up only a little.
Fraction reporting larger inventories: Small.
Fraction reporting larger inventories: Large.
Fraction reporting higher production: Risen to 29% -- but 45% reporting no change.
Anecdotal reports, mostly unfavorable.
Looks like the bird is sliding along the runway after a very hard landing.
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