owenthomas was just on CNBC. He's a brilliant pundit--good thoughts, great sound bites, he handled the guys talking over him gracefully and without a hiccup...live TV is a PITA and you have to roll with it. Regarding layoffs vs. new job creation, he scored very well--layoffs can be happening at the same time growth is occurring as the economy retools and adapts...the focus should not be on the raw numbers of layoffs or job creation, but about the quality and what's happening in the underlying economy. The term Owen used was "creative destruction." Brilliant.They moved on to the economy and the federal reserve lending rate. Said Owen: "Knock on wood...we may be heading towards another Greenspan Goldilocks economy: 'Not Too Hot, Not Too Cold'"
I am so proud of my "little" brother and his husband,
gregorsf, too!Love you guys!!!
