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The Seventh Sign: $30 Chianti
This morning, around 7 a.m., a senior White House economist citing unexpected job growth last month pronounced the U.S. economy "still strong" and said he does not believe we are headed into a recession.
If you're like me you're both encouraged by this news and slightly perplexed. The world as viewed by Edward Lazear, chairman of the White House Council of Economic Advisers, does not appear to be the same one I'm looking at — and living in — each day.
