The Daily Beast Acts Up on the Economy

Sometimes a little kid will deliberately be bad just to get attention from her teacher or parents. This seems to be the philosophy of a Daily Beast column by Zachary Karabell, which uses what seems to be some deliberately bad economic analysis to tell us things are really pretty good.

The piece begins with the incredible assertion:

"years from now, when we look back at 2011, it may be remembered as one of the best worst years of the early 21st century. You'd be hard-pressed to come up with...