on crash,” as one unemployed techie called it. But, the pain it caused is the exact reason why it makes a bad comparison to the 2006 economy. Bad comparisons are bad news.
To those old enough to remember, the Great Depression has a horrifying meaning they will never forget. To the rest of us, depression is just the feeling we get from watching the network news.
Dan Gainor is The Boone Pickens Free Market Fellow and director of the Media Research Center’s Business & Media Institute.