Aside from the fact that there was no “recovery”, this article is a complete overanalysis. Blame for the current economic situation lies squarely on the shoulders of an overbearing, overtaxing, overregulating government, desperately trying to turn knobs and dials to micromanage it, while also skimming as much as it possibly can from the private sector without entirely killing the goose. If left alone, a market driven economy without the government bleeding it dry at every turn would seek and maintain a healthy homeostatic state, all on its own.
I’ll be brief: We’re f#cked.
Is it NOT ENOUGH that my parents and I survived this socialist stupidity under Carter in the 70’s?
Times are SO much worse than back then; I am totally without hope and way too old to re-enter the military which was all that saved my @ss and gave me an education back then.
How anyone has any SHRED of hope left is beyond me.