The T-P and City Business continue to play Pollyanna cheerleader for the local economy. We do not live on an island here. The massive nationwide economic shocks will negatively affect Louisiana and, in many ways, already have.
It's fine to report on the aberrant employment numbers for December and the reasons why we aren't the first to feel the pain of the recession. But it's another thing to pretend that some magic "trend-bucking" permanent phenomenon is in place... which is exactly what these headlines suggest.
No comments:
Post a Comment