Tuesday, February 23, 2016

" The US Economy is in Good Shape"?

Oh Really?  Thus sayeth a Wall St Journal Op-Ed.  By Martin Feldstein.  I've heard of him, although I cannot place him just sitting there.  The WSJ  calls  him Chairman of the Council of Economic Advisers under President Reagan.  That sounds good, he has been around for a good long while and he worked in a rational Republican administration.  It goes on to call him a professor at Harvard University.  Uh-oh, downcheck, he hangs out with Harvard lefties. 
   Martin starts off by cherry picking the good economic stats, and doesn't say anything about GNP growth of a measly 0.7% last quarter.  He gives a glass half full summary. 
   If this economy is in such good shape why did youngest son have to go all the way to North Dakota to find work?

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