Welcome to the Party, Ken Rogoff

According to CNN.com, Harvard economist Ken Rogoff made this comment: “We have never left the recession by any reasonable measure,” Rogoff said. “If you’re 10 feet below water, and you come up a foot, you’re still drowning. The question of whether we are growing at 1% or falling at 1% is not the big issue. We’re in a different animal.”

On behalf of all of us who made this comment a year or two ago, I’d like to welcome Prof. Rogoff to our group.

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About Tony Lima

Retired after teaching economics at California State Univ., East Bay (Hayward, CA). Ph.D., economics, Stanford. Also taught MBA finance at the California University of Management and Technology. Occasionally take on a consulting project if it's interesting. Other interests include wine and technology.

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