Linneman Re Letter Essay

53764 Words Nov 25th, 2014 216 Pages
Volume 10, Issue 3

Fall 2010

No Double Dip On July 5th, 6th, and very early on the 7th of this year, I engaged in 70 minutes of rigorous stationary biking, a full cycle of weightlifting, and my daily stretching regimen. Oh sure, I had some hip pain and a sore knee, but at age 59, I was rocking and rolling. In this regard, I was not unlike the U.S. economy in 2005-April 2007, which was doing great in spite of some fundamental problems. Then in the course of a few hours on July 7th, I was unable to walk more than a few steps after having a hip replaced. Just like the U.S. economy in late 2008, my infirmity had taken me down a few notches!

My subsequent recovery was remarkably similar to that facing the U.S. economy: a satisfactory
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................................................................4 But What About Jobs?...............................................................................16 The Federal Budget Deficit: Will They Ever Learn? ................................21 The Sinking of Bismarck

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