Posts Tagged ‘ Happy New Year ’

Yawning Seas of Possibility

Jan 4th, 2010 | By Dawn R. Rivers | Category: Policy Matters

New Year’s Day is all about clean slates and fresh starts. No matter how gruesome the previous year was, once it’s over, it becomes easier to point your face toward tomorrow with a renewed sense of possibility.

Of course, if you think about that objectively, it doesn’t really make much sense, does it?

The economy was a mess throughout 2009 and I would bet that none of the macroeconomic indicators suddenly did an about-face on December 31st, such as would justify unbridled optimism now.