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Ballmer a Bit Bullish

Steve Ballmer has far more nice things to say about the economy in one speech than Barack Obama has in a dozen. While the president's teleprompter has doom and gloom down to a science, Ballmer sees the tech sector continuing to innovate. Ballmer argues that innovation from startups and large concerns will continue, and that Microsoft will still pour billions into R&D.

In my opinion, tech -- especially software -- is far more agile than car companies or banks with trillions in suspect loans. Do Ballmer and I have a right to be at least a little bullish, or should we go back and reread Paul Samuelson? Your best macro or microeconomic analyses welcome at

Posted by Doug Barney on March 11, 2009 at 11:53 AM