Yes, I am Optimistic

From typepad.com

I stood relieved when Federal Reserve policymakers recognized the tendency toward pessimism during this recovery when no such pessimism was warranted: Finally, a couple of members suggested including language in the statement indicating that recent foreign economic developments had increased uncertainty or had boosted downside risks to the U.S. economic outlook, but participants generally judged that such wording would suggest greater pessimism about the economic outlook than they thought appropriate. This stands in contrast to fairly consistent efforts to find the dark cloud in every silver lining. This, from the ... (full story)