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Friday, February 27, 2009

"V" or "L"????




Senator Schumer asked Chairman Bernanke the other day whether when the economy does recover will the recovery be a "V" or an "L"? In other words will recovery be a swift and quick return to trend growth or a protracted tepid growth path. Chairman Bernanke of course equivocated. I won't...it will be an "L" Senator...a real long long "L".

2 comments:

Anonymous said...

He thinks he's so smart doesn't he?

Anonymous said...

To quote the famous 'short round'

"Hang on Dr. Jones, we going for a ride"