Writes a friend:
Lew
Here is the new math taught at the best economics departments in the world:
Thirty million newly unemployed (and growing, and probably understated) + $8 trillion (and growing) in Federal and central bank “stimulus” = the best stock market recovery in history!
What we need is to lay off the entire country, spend $20 or $30 trillion in “stimulus,” and we will soon all be billionaires.
You see, that’s not so complicated, is it.