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.

,

One response to “Bad times getting worse slower, and other good news”

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.