Some Good News to Balance the Doom and Gloom of 2012

Posted on 02. Feb, 2012 by Admin.

By MARK P. MILLS AND JULIO M. OTTINO http://online.wsj.com/article/ SB1000142405297020347 1004577140413041646048.html? mod=WSJ_hp_MIDDLTopStories In January 1912, the United States emerged from a two-year recession. Nineteen more followed—along with a century of phenomenal economic growth. Americans in real terms are 700% wealthier today. In hindsight it seems obvious that emerging technologies circa 1912—electrification, telephony, the dawn of [...]

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