Are You Better Off Than You Were Four Years Ago? YES
Yes, the economy sucks. Millions of people are frantically searching for work. Millions more have been out of work so long they’ve given up even looking.
But while we’re fuming over the high unemployment rate and the slo-o-o-ow recovery, let’s take a look at some headlines from September 2008:
STOCK SHOCK FELT ROUND THE WORLD. Gets ‘nasty’ as Lehman tanks, Merrill vanishes, AIG wobbles [New York Daily News, September 16, 2008]
One day on the brink On Wednesday, it seemed U.S. economy might collapse [St. Louis Post-Dispatch, September 21, 2008]
‘Great Depression’ closer than U.S. admits, report finds [Pittsburgh Tribune-Review, September 27, 2008]
Developers bend under housing meltdown [Colorado Springs Gazette, September 27, 2008]
Depression seen possible [Florida News-Press, September 27, 2008]
Wall Street Meltdown Continues [CNN, September 17, 2008]
Behind Closed Doors, Warnings of Calamity [The New York Times, September 20, 2008]
Have you seen ANY recent news headlines that were anywhere near this dire and ominous?
Didn’t think so.
YES, you ARE better off now than you were four years ago.