The Daily is gone.
I start every day with The Daily, which I read-slash-skim from beginning to end before doing anything else. I am a devoted fan.
Now I'm bereft.
Here's the LA Times on Why the Daily Failed.
"The untimely death of the Daily illustrates the perils of the app economy," etc.
The app economy! Right. A subset of the economy economy (scroll down for the L-chart).
A friend of mine was saying, the other day, that a recession can be a good time to start a business. I've heard that myself, and maybe it's true. But we're not in a recession. We're in an L-shaped depression (or an L-shaped recovery, take your pick.) Coming up on the 5-year anniversary of the crisis.
Googling "L-shaped recovery" I came across good news: Jan Hatzius predicts we'll have above-3% growth after 2013. That's still not a V, but it's better than the 2 to 2 1/2% growth we've been having. Maybe a lot better, I'm thinking.
Hatzius seems to have been right about everything else so far (not that I would know, necessarily), so: good to hear.
Too late for The Daily, though.