February 29, 2008

Recession Comes With the Territory

Is it just me or is the recession boogie man overrated?

Don't we get a winter every year, good and bad seasons from our favorite sports team, low tide as well as high?

Recessions, as I understand them, are where the economy shrinks for 6 months. People shop less. And they only measure negative economic events like this backwards, after factoring in all the positives they can possibly find to make things look better…

They seem as normal as rain. We get a boom, we get a recession. We got drunk, we had a hangover. Isn't there something even moral about having to pay the consequences of our actions?

Here's a recession hint: Go play with all the stuff you ALREADY own.

Or as Groucho said, "I like a good smoke, but sometimes I take the cigar OUT of my mouth. (Do you need me to tell you that I added emphasis?) (I did.)

Filed under Gen Comments by Financial Foghorn

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