Quote:
Originally posted by Secret_Agent_Man
Thanks, Burger -- I diagreed, but was too lazy to look it up. Too many young people these days have a very limited knowledge of even recent American history.
S_A_M
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The thing is with this recession/non-recession is that it seems worse than it is. It's like cruising along the highway at 90mph, and then you reach a town and have to slow down to 55. It feels like you're crawling, even though 55 is still pretty fast. We got a little too comfortable with 6% growth and 4% unemployment, and now 2% growth and 6% unemployment feel recessionary, even though by historical standards the growth is decent and unemployment low.