Monday, January 28, 2008

The "R" word

Now that I can be absolutely sure that I have waited out the few reader's of this blog, its time to get back to work.

It appears that we have a recession on our hands. Here is a really good preview of the underlying causes written a while back.

What resonates with me most is the simple fact that, despite enjoying a historically high standard of living, Americans are just never happy. I think that's a really bad reason for the economy to go into the tank, but it doesn't seem that I get a vote on this.