Monday, December 29, 2008

If you wend your mind back to the ancient Halcyon days of August, you might remember that the American Newspaper industry was in a tailspin, and people assumed it would collapse within a few years. As a thought-experiment, consider the likelihood that a moderate recession is being spun into a full-fledged depression by negativistic Newspapermen? What kind of logic trusts people in a vanishing industry to report on the state of the country?

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