Academic

UH OH: Brown Manure, Not Green Shoots: The Situation Is Even Worse Than The Headlines. UPDATE: ?

By Glenn Reynolds

UH OH: Brown Manure, Not Green Shoots: The Situation Is Even Worse Than The Headlines.

UPDATE: Reader Michael Hankamer emails:

Interesting article, and somewhat parallels my experience. I’ve “gone Galt” myself, taking 6 weeks leave without pay. Business is very slow, we’ve already got too many people wasting away on overhead. SinceI don’t need the money (right now), I volunteered to take some time off in the hope that someone else won’t get laid off.

The one positive in all this is that I think that (at my marginal tax rate) I’ve denied the (state and federal) government some $4,000 in income taxes.

Well, that’s something.

Full post as published by Instapundit.com on July 09, 2009 (boomark / email).