There was a deep 18 month recession 100 years ago. It seems more likely than not that we will experience another one 100 years later, and for the same reason.
Last week the U.S. began a useless no-win trade war against our allies and China. And in the past year added substantially to the national debt, while at the same time not investing in trains and education, the essentials for economic prosperity in this century.
One hundred years ago the recession was self-imposed - - just bad judgment by the government. And here we seem to be going again.
Photo: Dick and Jane go canoeing! Cover of a 1970s river guide my brother found. The water trails are still there.....
Well China already gave up on that, so there's that.
Posted by: Rebel Eichelberger | August 20, 2018 at 10:08 PM