Bad times getting worse slower, and other good news

Even the sunshine crew at the Duluth News Tribune editorial board can’t spin their way out of this week’s economic malaise storyline:

So the glimmer of hope?

Federal Reserve Chairman Ben Bernanke said yesterday, during testimony he provides semi-annually to the House Financial Services Committee, that the economy is showing “tentative signs of stabilization.” Of course, he also said: “The pace of decline appears to have slowed significantly.”

Meaning the economy still is on the decline.

And the hope for rapid recovery still is just a glimmer.

So you’re saying there’s a chance.

Comments

  1. How’s that HOPE and CHANGE working for ya?

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