Friday, July 16, 2010

The Jell-O Economy

We'll see if it makes print.

I was asked by a business reporter to describe the economy based on some statistical trends and, just, my sense of things.

Is this a "W" (aka double dip) or a "V" (still rising) recovery?  That was, essentially, the question.

I'm not an economics expert, and I don't claim to be. My answer was one that sounded good to me when I said it, but I don't know how it will look in print (if it makes the edit.)

I was honest.

"I don't know.  This economy is like Jell-O.  You can try to get your hands on it, but you just don't know where it's going to go."

Will that fly?
UPDATE:  It ran.  Here's the story link.  This was the quote that ran:  "The economy feels kind of like Jell-O. You can't get your hand on it, and when you try to, it goes the other direction."

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