"The U.S. economy remains almost comatose....The current slump already ranks as the longest period of sustained weakness since the Great Depression....Once-in-a-lifetime dislocations...will take years to work out. Among them: the job drought, the debt hangover, the defense-industry contraction, the [banking] collapse, the real estate depression, the health-care cost explosion and the runaway federal deficit."
This quote is from Time magazine...September 1992. Is it just me or does this sound really familiar?
This quote is from Time magazine...September 1992. Is it just me or does this sound really familiar?