One of the main reasons I hate discussions about the economy is that it is always framed in much the way this Instapundit post is:
“Is there a disaster looming?”
First, we can insert the widespread agreement that no economists ever agree on anything (insert the Truman’s one-armed economist quip here).
Second- Didn’t we just spend an entire election campaign in which one part spent all their time and energy convincing us the economy already is a disaster?
At any rate, why is the question never framed the other way- Is there a period of economic bliss around the corner? For once, I would like to hear what is going right.