Causes and Cures for the Current Great Recession

It is often said that we are in the greatest recession/depression since the Great Depression of the 1930's. And, that's because we are; however, I believe most people do not believe it is really close to 'that' bad; they do believe that we are in a recession like those of the last 10 to 30 years, just worse. This is wrong. For many reasons; even the structure of the economy is quite different than it was as early as the end of the 1980's and the beginning of the 1990's. The old rules seem not to apply any more.

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