Economic Picture: Cloudy
from the probably-a-good-thing dept
I have so little confidence in most people who predict the economy for a living, that I feel more encouraged when those people throw up their hands in confusion than back when they acted like they knew everything. The less the economists agree, and the worse they make the forecasts out to be, the more I think we're probably past the worst part. We may now be facing the opposite of the bubble effect. Remember how economists were saying the "new economy" changed everything and was different than anything before? Now economists are saying the same thing about this recession.
Thank you for reading this Techdirt post. With so many things competing for everyone’s attention these days, we really appreciate you giving us your time. We work hard every day to put quality content out there for our community.
Techdirt is one of the few remaining truly independent media outlets. We do not have a giant corporation behind us, and we rely heavily on our community to support us, in an age when advertisers are increasingly uninterested in sponsoring small, independent sites — especially a site like ours that is unwilling to pull punches in its reporting and analysis.
While other websites have resorted to paywalls, registration requirements, and increasingly annoying/intrusive advertising, we have always kept Techdirt open and available to anyone. But in order to continue doing so, we need your support. We offer a variety of ways for our readers to support us, from direct donations to special subscriptions and cool merchandise — and every little bit helps. Thank you.
–The Techdirt Team
