In a very well written article in the December 22nd issue of BW I found a couple quotes I thought were very poignant:
Article "Job Losses: Is the Panic Justified"
http://www.businessweek.com/magazine/content/08_51/b4113000683374.htm?chan=magazine+channel_top+stories
"Keynesian economics is back in fashion for the first time since the Kennedy Administration."
"...the Obama Administration has to balance the short term with the long term. It needs a plan..."
And most important of all...
"Remember, the recession isn't all bad. Unsupportable debts are being erased. Consumers are rebuilding their savings and lowering their living standards to match reality. Workers are exiting dying industries. And through distress sales, foreclosures, and bankruptcies, assets are being taken away from weak hands and given to strong ones, creating the conditions for future growth."
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