Thad Williamson asks: 1)As has already been noted on the list, some of the Wall Street crowd have been crowing that the business cycle has been tamed, and that nothing but blue skies are ahead for a moderately growing economy. Does anyone on this list see any reason to take this at all seriously? What's the two-sentence rejoinder? I *very distinctly* remember reading the same nonsense in the same places shortly before the beginning of the Bush recesssion. Don't the answers to the other questions. Peter [EMAIL PROTECTED]
