SO, HOW’S THAT STIMULUS WORKING FOR YOU? “The evidence suggests that continental Europe–which generally adopted smaller stimulus programs–is recovering faster that the U.S. or the U.K. They might have been wise to resist the assertions of Paul Krugman and the Obama administration that they should be doing more.” Meanwhile, a look at employment in the United States:

Nothing very comforting here, though. . . .

Plus, 1,000 Banks to Fail In Next Two Years: Bank CEO. Hope things don’t get that bad.