I don't really think everyone knows this, but since the Industrial Revolution, America has not had a "steady economy". Our economy is based entirely on continual growth. When we see a downturn, it's akin to saying "Well shit, I was getting a raise of 10% each year, but I only got a 7% raise this year". This is not a 3% downturn, it's a natural correction.
I give up though, some people will still be confused.
I did find this relevant image on Wooster. Check it out.
Friday, October 24, 2008
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