Mark Thoma Comments on: "Taking Hope in the Long View"
He does not want to calm down:
When nearly 10% of the people are unemployed and government is looking the other way hoping it will somehow fix itself, I have no intention of calming down no matter how rosy the long view might be. It's nice that all these wonderful things are happening, and I also hope they will continue, or even accelerate, but that doesn't change the immediate needs one bit. Calm down while people are struggling to make ends meet? I don't think so...