An ode to the economic recovery – and other news of 2010 – inspired by Clement Clarke Moore's classic Christmas poem.
For ups, check Detroit, where perenniel gloom
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At last took a break so some new hope could bloom.
Good money was made by carmakers. You bet!
Ford thrived without bailouts. GM paid back some debt.
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The media mavens were part of the story,
As the battle for audience became a bit gory.
Some networks and papers edged out of recession,
But the Web was the platform for loudest expression.
"Sell Newsweek! Go Google! On Facebook and Twitter!
Can I scribe for Politico, or help HuffPo glitter?
Blog from the housetops! It can often enthrall.
Now hype away! Hype away! Hype away all!"
In the White House Obama was itching to see
New jobs fall from the sky or appear on a tree.
Employment was scarce, and he got all the blame
(Fair or unfair) when Election Day came.
And then, in a twinkling, he heard on the roof
The prancing and pawing of ... some sturdy hoofs?
He looked out his window and saw Sarah Palin,
And were those some caribou that she was trailin'?
With pressure on Obama to adjust his course,
He met Mitch McConnell and traded some horse.
The table was set for bipartisan stew.
"Bush tax cuts? Yes, please. And a payroll break, too."
Over at the Fed was a man with beard
Who was trying his best, though some thought his plans weird.
His eyes – how they twinkled on prime-time TV.
"We're not printing money, not one dollar, you see."
But many had questions for St. Ben Bernanke.
Is "Q.E." a good med or some hanky panky?
We'll know in a while if his bond 'cumulation
Boosts real GDP or unleashes inflation.
That's just one of the worries as the year nears its end.
Will the Euro zone crash? Will stocks keep their trend?
But a wink from the Fed chief, it tilts me toward cheer:
"Happy Christmas to all, and a good-filled new year."