August 26, 2011

A tale of two L.A. Times

Front page of the LA Times business section, August 25th: Carmakers' rebound is driving jobs in U.S. -- The industry that once needed bailing out could be the one to stave off recession.

Page A-8 of the same paper that day: Another year of economic shortfalls predicted -- The Congressional Budget Office says the federal deficit is projected to hit $1.3 trillion in fiscal 2011, the third year of shortfalls at levels not seen since World War II.

Posted by Hube at August 26, 2011 08:25 PM | TrackBack

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