...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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