Ignorant People Remain Hopeful
A majority of unemployed Americans say they're confident that they'll find a job in the next year—a better job, at that. Meanwhile, college grads as a group are despondent over their own economic prospects. Now: considering the state of college in this country, we hesitate to make too much out of a college education. But when all the people who may have actually taken an economics class are the most pessimistic, we'd gently suggest that that's a bad sign. Perhaps the unemployed should tone down that optimism just a bit.