Who'd have guessed that the Democratic Congress would have given $350 billion it in a heartbeat to one of the most unpopular (Republican) presidents ever--and a lame duck, at that; and then get all cranky with the new guy from their own party when he wants the same treatment as he comes to town?
2 comments:
Bill,
I was moved by your “And on and on ... these Fed speeches are grim and depressing.” at
http://www.calculatedriskblog.com/2009/01/feds-yellen-worldwide-recession.html
This is maybe a joke, maybe not. I think that the first chart here
http://homepage.mac.com/ttsmyf/RD_RJShomes_PSav.html
is inapparent because it is too informative, who knows ... But re. ‘grim and depressing’, it is notable that ‘non-zero credible bottoms’ are arguably indicated for both Real Homes (ca. 54) and Real Dow (ca. 46).
That last comment was evidently intended for Bill McBride at Calculated Risk (see the link supra). How it wound up here I have no idea, but I'll leave it up on the off chance it helps somebody to track something.
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