I really think that when people finally look back and see clearly how thoroughly and badly they were hoodwinked- and not just by the clintons and all their worshippers in the media, but the dot-com stuff, the stock market, the "creative accounting" that seems to have become standard business practice- they will wonder
"What in Sam Hill ever possessed us to swallow all that hooie?"
I see strong parallels to the Roaring Twenties and their almost decade-long hangover, and the giddy carelessness of the 1990's...
I do hope the "New Century hangover" will be shorter and less severe, for everyone's sake.
I think it has to be, the economy is fundamentally strong, just not as glittering as the "fools gold" of the 1990's.