Give me a break. Stuart Hoffman, chief economist at PNC Financial Services Group, was quoted as saying this after the latest job numbers were reported: “I think we’ve finally reached the promised land of a self-sustaining, self-reinforcing economic recovery.”
It sure doesn’t feel like the promised land to millions of Americans who can’t find well-paying jobs. Economists keep trying to peddle these grand pronouncements about a return to healthy economic conditions. I wonder what’s in the water they are drinking
