Confidence Fairy found!

We're here on the site of Punxsatawney Phil's cave where there have now been sightings of the much vaunted Confidence Fairy, good news for those both here and abroad who have continued to insist that governmental budgets be slashed in the face of recession in order to "restore the confidence of the market."  Economist Paul Krugman has long derided the belief in the Confidence Fairy as wishful thinking, and indeed as of yesterday Great Britain's austerity budgeting had landed the country in a double-dip recession and today S&P downgraded Spain's debt once more http://tinyurl.com/7zm6l9j, all of which would seem to indicate that Krugman was right.

"Actually, I stuck my
head out a while ago
and saw those crappy
budgets and said, 'hey six
more years of recession.'"

But now that the Confidence Fairy has been sighted, slightly disheveled from living in a underground with Punxsatawney Phil, there's hope that he can be coaxed from his new living arrangements--or more accurately, evicted--by Phil himself, who says the Confidence Fairy hogs the television and doesn't clean up after himself.  

"As far as I'm concerned, the Republicans can have this Confidence Fairy," said Phil.   In the meantime, tv weatherman Phil Conners expressed wariness about how long the process could go on.  "Country after country after country--they never seem to learn.  We could be doing this forever."