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Saturday, September 15, 2012

History of American Recessions and Recovery


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Here is something interesting I cam across in this article.
“Recessions were never fun, but we used to bounce back from them fairly quickly.  The phrase “bounce back” actually applied.  They were more like injuries in our youth: we could “walk them off.”  Healing was natural, speedy, and expected. But now it seems like every minor injury sends us to the hospital; we take months to recover, and the doctors say we might not ever be the same.  

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