Sunday, September 12, 2010

On "Meet the Press" Today...

...Ron Brownstein said, "What's really changed is people's optimism about the future."

Yeh. That's a problem. That's why we don't want to let the downturn continue. It's why there is an urgency about economic recovery.

When optimism drops a notch, that affects "consumer confidence" or "animal spirits" or whatever. And then economic performance drops a notch. And pretty soon optimism drops another notch...

We cannot let this continue.

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