Paul Krugman: "Things look better than I expected"

By GottaLaff

This is more encouraging than a lot of things I've read lately, because Krugman has been a recovery thumbs-downer for quite awhile. It's a little like comfort food after a bad day.

Before I get too carried away, he does offer the caveat that "looks can be deceiving", but still:

And I’m not sure what to make of it, but casual observation suggests a stronger recovery than anything I see in published numbers. Lots of small-scale construction — home remodeling, tear-downs replacing old houses. Many new businesses and restaurants filling storefronts that were vacant a couple of months ago. [...]

Still, there’s the observation: walking around, things look better than I expected.

Yum.