By Mark Beardsley
Everywhere I turned last Thursday, there was talk of the economic recovery. Ford, Toyota and GM announced improved sales in March of up to 40 percent. The economy had grown, unemployment was down and the Dow Jones Industrials were a hair’s breadth away from the 11,000 mark.
On radio and in print sources offered anecdotal evidence that a recovery is in progress. Manufacturing was said to be picking up, some 162,000 jobs were added during March and consumer spending was inching forward. Even reports that crude oil prices are climbing were interpreted as a sign the economy is heating up.