U of L president addresses scout group

Using the Taylor County Friends of Scouting dinner as a backdrop, University of Louisville President Dr. James Ramsey said that Kentucky's economy is "doing OK."

"We're not in a recession," he said.

Ramsey, whose academic focus is in economics, bases his observation on the number of people working. It's a simple approach, he says. The more than 13,000 new jobs in the past 12 months doesn't indicate a boom, according to Ramsey, but it indicates that Kentucky may not be suffering as badly as some other states.

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