Notes on the Economy

| Mon May 2, 2011 5:48 PM EDT

Today Karl Smith provides several reasons to be optimistic about the trajectory of future growth. There is, he says, still "a huge employment problem that should not be ignored," but even on that front he thinks the recovery of the past year doesn't look too bad. Since I tend to be pretty pessimistic about this stuff, I figure this is worth passing along.

Get Mother Jones by Email - Free. Like what you're reading? Get the best of MoJo three times a week.