Sunday, November 23, 2008

Great Moments In Washington Post Editorializing

Funny. From last January.

There is not yet any proof of a recession, defined as two straight quarters of negative growth; Mr. Bernanke said yesterday that the economy probably grew "at a moderate pace" in the past three months. Nor is there any consensus that a recession, if one comes, will be severe; Goldman Sachs thinks it's likely to be short and mild.

These guys ever right about anything?