No end in sight

People frequently ask me if I think the economy is about to turn around. I tell them no. No one who believes recovery is on the horizon can point to ANY statistic or indicator to justify their optimism. I tell you what I tell everyone else, the numbers you get from the White House, which are then passed along to the media are doctored. They are unreliable, and juked to make things seem better than they really are. Take a look at this fantastic article by Mortimer Zuckerman over that the Wall Street Journal about why the economy is in even worse shape than you think it is.

http://online.wsj.com/article/SB124753066246235811.html