The number of people searching for the term “economic depression” on Google is down to normal levels, Summers said.
Searches for the term were up four-fold when the recession deepened in the earlier part of the year, and the recent shift goes to show consumer confidence is higher, Summers told the Peterson Institute for International Economics.
Actually, the main reason hits for "economic depression" are down is because people have found out what they needed to know. No need to go back and do another search once they get the info they need.
The Summers statement is so shallow -- well, OK -- moronic, that even the least informed citizen would have to shake their head and say, “duh?”
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