DIGG THIS The downturn is following a path so predictable, day by day, that people who comprehend the business cycle don’t even need to read the news. You can intuit what will happen next because it’s happening like a textbook case — even as it is reported with a continued sense of surprise. Press reporting on the downturn has been like reports from a committee that knows nothing about gravity, but which has nonetheless been assigned to watch what happens when you drop objects from high places. They keep filing surprised reports about how the objects fall — what a … Continue reading Now It’s Jobs
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