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Overnight Open Thread

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johnnyreb6/22/2009 8:42:46 am PDT

I find this quote more than a bit disturbing, mostly because I suspect we are going to finally be hearing a whole lot of economists beginning to actually tell the truth about the economy:

“I find it unfathomable that people are not horrified about what is going to happen,” said Lawrence Mishel, president of the Economic Policy Institute. “I regard all this talk about how the recession is maybe going to end, all the talk about deficits and inflation, to be the equivalent of telling Americans, ‘You are just going to have to tough it out.’ But we’re looking at persistent unemployment that is going to be extraordinarily damaging to many communities. There is a ton of pain in the pipeline.”

washingtonpost.com