It Depends On Whom You Believe.

If you are a believer in Keynesian economics or a Socialist hiding in Keynesian clothing, the near and mid term future will be frustrating for your addled little mind. Quote of the day:

The Keynesian clowns will be howling that reduced stimulus killed the recovery. However, the reality is there was no recovery in the first place, only an illusion caused by unsustainable stimulus. -Michael Shedlock

If you are not reading Michael Shedlock's global economic analysis blog, you should be. If you are, you understand why I now have a post category label called "unexpectedly."