“If America’s economic landscape seems suddenly alien and hostile to many citizens, there is good reason: they have never seen anything like it. Nothing in memory has prepared consumers for such turbulent, epochal change, the sort of upheaval that happens once in 50 years…The current slump already ranks as the longest period of sustained weakness since the Great Depression."
2009? Nope, from a September 1992 Time article. The similarities are eerie, and yet somehow we survived that recession...
Cover to Cover: The Long Haul
06-08-2009, 02:02 PM
Blog post with article from 92 recession
