Nothing To Do, Nowhere To Go (Updated) 1
Unemployment figures less bad this week. Bloomberg:
“The labor market is turning,” said Dean Maki, chief U.S. economist at Barclays Capital Inc. in New York. “We are set to break into positive job growth over the next few months. The recovery is proceeding on schedule.”
I do find the quotation in the second paragraph to show the hubris one would expect from a Master of the Universe.
Where, praytell, is this schedule of which he speaks?
Addendum:
December 3, 2009 at 7:10 pm
It’s right there in the description of him: Chief US economist = head where sun doesn’t shine.
That’s why he can’t see the REAL world.