Finally, some good economic news

Amid months of ever-worsening news, I've been on the lookout for something good. I've been operating under the assumption that at some point, things have to improve and I've been keeping my eye out for good news. Today I found it here. The president of the Philadelphia Federal Reserve Bank expects the economy to begin recovering in late 2009, and that unemployment will not reach double digits.

Let's hope he's right, or better yet he's pessimistic!





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