Seven Degrees from Normal

Two people, eighteen years of marriage, seven college degrees.

Friday, February 24, 2006

Abracanomics

Here is an average of durable goods orders. We average them because collectively they give a good overall picture of what's up with the economy.

Oh dear, the average fell by 10.2 percent last month. That's bad.

But, if we remove the goods that did worst from the average, the average is much better.

Whew! What a relief!

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