Tuesday
Dec092008
Pointless Economic Comment of the Day
Tuesday, December 9, 2008 at 13:44
[UPDATE: David Brooks...Is Chauncey Gardener]
For all those who may have lost a job or had the bank foreclose on the house, David Brooks of The New York Times has consoling words for you:
Social change has a natural rhythm. The season of prosperity gives way to the season of economic scarcity, and out of the winter of recession, new growth has room to emerge. A stimulus package may be necessary, but unless designed with care, its main effect will be to prop up the drying husks of the fall.
For all those who may have lost a job or had the bank foreclose on the house, David Brooks of The New York Times has consoling words for you:
Social change has a natural rhythm. The season of prosperity gives way to the season of economic scarcity, and out of the winter of recession, new growth has room to emerge. A stimulus package may be necessary, but unless designed with care, its main effect will be to prop up the drying husks of the fall.
tagged David Brooks, New York Times in US Economy
David Brooks, New York Times in US Economy 