Really, that's what he said. He has the economics degrees and teaches at Harvard, so he knows some things, and this is not an effort to ridicule the gentleman.
But, then again, OS looks at the chart Dr. Mankiw published, shared below, and asks:
What recovery? What would a non-recovery look like on the chart? This looks like the behavior of a semi-deflated basketball, dropped on the gym floor from the balcony.
At what point do even the folks who live in the Harvard bubble look at reality and decide they've had enough of Obama, Pelosi and Reid? What level of suffering, in what proximity to Cambridge, Massachusetts will be required? What will the tipping point be?
(And, for all you tin-foil-hat types out there, just to be certain, this is not OS's oblique call for some nutter to do violent things to Harvard. No, no, no, no, no.)
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