losing steam

Joel S. Berson Berson at ATT.NET
Wed May 6 23:52:34 UTC 2009


At 5/6/2009 07:36 PM, James A. Landau <JJJRLandau at netscape.com> wrote:

>An odd use of a well-known metaphor, from the Wall Street Journal:
>
>  http://online.wsj.com/article/BT-CO-20090505-710867.html
>  MAY 5, 2009, 10:01 A.M. ET
>"Fed Bernanke: US Economy To Resume Growth Later In '09"
>bu Brian Blackstone of DOW JONES NEWSWIRES
>
>WASHINGTON (Dow Jones)--The U.S. recession appears to be losing
>steam, with growth likely to resume later this year on the back of
>firmer household spending, a bottoming housing market and an end to
>inventory liquidation, U.S. Federal Reserve Chairman Ben Bernanke said Tuesday.

Can't dragons lose steam?  Makes them less dangerous, since their
boilers must be out.

Joel

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