Robert Samuelson takes a measure of the current economy and recessions past, not such a bad thing he surmises.

Do you know the difference between a recession and a depression?  It’s a recession when your neighbor loses his job but a depression when you lose yours…

Posted in

2 responses to “Recession Obsession!”

  1. Lhamu Avatar
    Lhamu

    On the first day of my history class, Professor Bucy pointed out that history repeats itself, we humans tend to work in a cycle coming back to the same thing again and again.
    After reading the article and of what Mr. Samuelson guesses, recession happens to be one of those things.

    Like

  2. Dennis Elam Avatar

    Lhamu
    Thanks for the inter disciplinary thougt, indeed, I wish we had a class on business history, the business cylcle is never repealed. One of the comments on Cavuto Sat Morn is that we are probably already in a recession.

    Like

Leave a comment