Sunday, November 25, 2012

Recognizing truth when I see it..............

"There is a dirty little secret about economics writing. The thing that offers the surest path to glory — to front page play for a story, to lots of Web traffic, to a pat on the back from editors — is doom and gloom."

Now for the bright spots and silver linings:
"Household debt is way down."
"The cost of servicing that debt is way, way down."
"Electricity and natural gas prices are falling."
"Businesses aren’t firing people." 
"Housing is dramatically more affordable." 

For the source of, and commentary about, all this good stuff - go here

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