When I read this part of his article I saw the big X on Lessingers graphs of the
changing American Dreams. The declining Little King being crossed by the risinf
Responsible Capitalist line which marks the beginning of the Schizomania
period...

Here is a link to the article and a short snippet from it's final paragraphs:
http://tpmcafe.talkingpointsmemo.com/talk/blogs/robert_reich/2009/07/when-will-t\
he-recovery-begin-n.php

" My prediction, then? Not a V, not a U. But an X. ... The X marks a brand new
track -- a new economy. What will it look like? Nobody knows. All we know is the
current economy can't "recover" because it can't go back to where it was before
the crash. So instead of asking when the recovery will start, we should be
asking when and how the new economy will begin. "