Green shoots!

Good news! The NBER’s business cycle dating committee has determined that the recession is over! Actually, it ended more than one year ago!

The National Bureau of Economic Research, the arbiter of the start and end dates of a recession, determined that the recession that began in December 2007 ended in June 2009.

The business-cycle dating committee met by phone on Sunday and came to the determination. “In determining that a trough occurred in June 2009, the committee did not conclude that economic conditions since that month have been favorable or that the economy has returned to operating at normal capacity. Rather, the committee determined only that the recession ended and a recovery began in that month,” the committee said in a statement.

Strike another nail in the flesh-stripped skull of Keynesian economics. First they’ll have to announce a double-dip. Then, a few years later, they’ll revise their numbers and announce that it was all just one great big depression… long after it is accepted wisdom.

Mailvox: Monday column

TA writes in response to today’s column on Police State America:

I had a chief of police as a neighbor while growing up. He pistol whipped a black kid once. And I had a neighbor that became a cop and a friend that became a cop in spite of his criminal record and both of them were cowards. I have said for many years that 25% of any police force should be in prison, 25% should be under psychoanalysis regularly and 50% should get better pay.

We would get fewer nuts on the force if we drafted our police forces instead of hiring them. Only management that doesn’t come into contact with the public on a regular basis should be career personnel. And as you said, cops should not be allowed to investigate cops. Because they have been indoctrinated into an “us against them mentality” ‘them’ being the public and ‘us’ being every cop a self appointed heroic martyr who is the law instead of an enforcer of the law.

These three cockroaches will get theirs some day and of coarse be amazed at the injustice of it all.

I don’t think a police draft is the answer, but it’s true, there probably would be fewer issues with psychologically disturbed individuals seeking employment.