If you want to know where we are right now, rent the movie “Jaws.” We’re at that moment when Roy Scheider first sets eyes on the Great White Shark and comes back and says to the skipper, with eyes wide with fear: “You’re gonna need a bigger boat.”
--Thomas Friedman
NonFarm Payrolls, Confirmation Bias edition
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Today’s (belated) nonfarm payroll report had a little something for
everyone. Whether you are bullish or bearish, recession or expansion, MAGA
or Nev...
8 hours ago
2 comments:
Good for Friedman. Hitting the link in your post, I read that Friedman in "in the boat" with Robert Reich: Stimulate demand, big time.
It is the only thing to do to avert a Depression. I hope Obama is listening -- that is, reading your blog, Nagarjuna.
Tom--
I just hope that Obama is reading Friedman and Reich. :-)
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