Wednesday, July 01, 2020

Pretty Sure This Isn't Going To Hold Up Well

What if...there's good news?!?!?
Furman, tapped to give the opening presentation, looked into his screen of poorly lit boxes of frightened wonks and made a startling claim.

“We are about to see the best economic data we’ve seen in the history of this country,” he said.
That was a month ago. His point was that we're going to get headlines like UNEMPLOYMENT DROPS TO TEN PERCENT and then everybody will cheer but 10% unemployment sucks and everybody will not cheer even if it happens.