Can the <i>Times</i> Save Us -- and Itself?

The Times is sounding almost cheerful about the economy. It's posted two stories in the last 24 hours about optimism and recovery. The day before it was marveling about the fact that the S&P had made up 4 months of losses on Monday.

Are these signs, if not of an economic recovery, then of a tonal recovery at the paper? Certainly, the Times' coverage over the last 8 months has not been of the glass-full type. It has rather been an intense expression of I-told-you-so-isms by reporters who, as it happens, didn't particularly predict any of this--hence they became much more inclined to prove their end-of-the-world chops.

But self-interest and wistfulness might now be setting in.

If only ever-so-slowly, it may have caught up with the Times that its future hangs in the balance of recovery.

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