The morning news programs, especially on MSNBC (a.k.a. OTV), were all extremely bubbly and sunny about the economy over the weekend. It was bizarre, like having the weatherman telling you it was 70 and sunny when you can look out the window and see the snow drifts and leaden overcast for yourself.
"It looks like things have turned the corner!" chirped one talking head. Right. We've "turned" so many "corners" since '09 that we've got to be practically on top of the minotaur by now, but the scat in this labyrinth continues to look like bear droppings.
So food prices are up, oil's up, precious metals are at all-time highs, even mainstream econ types are making scary Weimar noises... What was with the chirpy optimism on the "Lean Forward" network?
It all became clear this morning:
Ah. Still in the tank, I see.