When will the economy recover
Let's start with an economist joke and wrap it up with a terrific editorial cartoon by Tom Toles at the Washington Post (hat tip, Barry Ritholtz, The Big Picture).
What do you call an economist with an opinion? WRONG
Applause, please.
More seriously, I did enjoy AT&T's advertisement running during The Masters. To paraphrase:
Americans have seen tough times before but with every downturn comes an upturn.
In other words, that's why it's always been called a business cycle.
