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"So are we in a depression that justifies a vast redefinition of government and a massive takeover of the private sector? Not quite. What we are a witnessing instead is a sharp downturn from the most affluent era in the history of civilization. For the last two decades, we borrowed and spent as if there were no tomorrow. Now we are living in that tomorrow of cutting back and making do.
In relative terms, it is no longer 2005, but that does not mean it is 1932 either"
Victor Davis Hanson
I hope these articles over the past few weeks are providing a glimmer of hope about the future. I know it's not easy when a lot of people are feeling gloomy, do the best you can.
