Oh…we got a good laugh this morning. Our favorite philosopher, Thomas L. Friedman, suddenly seemed to have understood something important: "There is no magic bullet for this economic crisis," said he. Then, (will wonders never cease!) he actually seemed to draw forth an insight: "We are going to have to live with a lot more uncertainty for a lot longer than our generation has ever experienced." Whoa. That’s like, deep. What happened to him? Did he drop the hair dryer in the bathtub…and give himself a jolt? Suddenly, he’s saying something that is modest and sensible. But Friedman’s brush with … Continue reading We’re in a Depression