Jay Parkhill April 9th, 2008
I recently started following the blog of John Adams, the US’s second President. He has good things to say, nothwithstanding that he has been dead for 182 years. Some of his expressions seem a litle colloquial, leading me to suspect some conemporary help in getting his thoughts out (notice I didn’ say ghost writer).
Still this one on recessions is spot-on. Recessions are historical labels. Let’s not worry about whether we are entering the first of two consecutive quarters of negative growth (or in non-economist terms, "decline"). Let’s think about policies that will make the economy strong.economics
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