U.S. consumers are ebullient.
http://www.conference-board.org/data/consumerconfidence.cfm
Paul Krugman is depressed.
http://www.nytimes.com/2011/12/12/opinion/krugman-depression-and-democracy.html?_r=3&pagewanted=all
Millions of people, vs. Krugman. Hmmm, who is right?
(9:07amET edit: This could also have been titled: "Harbinger: economists trying to set normative policy" because writing political articles like Krugman's is a sign of desperation and the need to control.)
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