Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?

To: Steve Lokness who wrote (254984)	7/4/2014 1:47:16 PM
From: Metacomet	Respond to of 542201

I see the pace of recovery here as being nothing short of remarkable. Yup.. And imagine what it would be if we didn't have the massive anchor of folks that think like you holding it back

To: Steve Lokness who wrote (254984)	7/5/2014 3:25:55 PM
From: JohnM	Read Replies (2) \| Respond to of 542201

What does Krugman think is the "ongoing economic crises" I wonder? I see the pace of recovery here as being nothing short of remarkable. He generally points to the disparity between the stock market recovery, the somewhat less strong corporate profit recovery, a job market that has left far too many workers behind, the strong evidence that income and wealth inequality continue to grow, and, finally, if I read him correctly, that the Japanese liquidity trap remains in our near term longish future. Krugman, at least for my money, stated all this about as clearly as possible in his longish review of Tim Geithner's book in The New York Review of Books. By coincidence, I was in a Barnes and Nobles bookstore this morning with my youngest daughter. Picked the Geithner book off the shelf (Krugman had such good things to say about Geithner's anlysis, just didn't like his solutions) and skimmed some of it. Very clearly written. Looked interesting. Might check it out of the library.