April 15, 2009 10:10 AM
Calculated Risk’s post on the new industrial production and capacity utilization numbers released by the FED calls it “serious cliff diving”. Industrial production is down 13% since the recession began and capacity utilization is 69.3%, as low as it has ever been.
Well … you can’t spin everything.
If I may … here’s an article on spinning from a liberal site: The Crisis That Could Bring Down Obama (http://www.progressive.org/mag/rc041509.html)
Believe it or not … we’re all in this thing together. Save your wedge issues for later.
Later gator. Got to make my sign for the tea party at the town square!