On May 17, 2009, at 12:38 PM, Jim Devine wrote:

CONTRARY to what you may have heard from some doomsayers, 2009 is not
1930 redux. What we must guard against, instead, is 2010 or 2011
becoming another 1936.

Exactly what Christina Romer said the other day at the Council on Foreign Relations. Guess it's a meme among quasi-liberal Dem economists.

Doug
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