History Doesn’t Repeat Itself, But It Does Rhyme
(A little piece from my own blog, as I’m new at blogging)
One of the biggest problems I have seen with people my age (and I’ll include up to age 30 in that group) is the lack of perspective when it comes to history and politics. One with any perspective needs to look no futher than this “Worst economy since the great despression” line that is being pushed by everybody with access to an audience. Many in my generation have lived their whole lives in an economy that has been rising at a (relatively) stable rate. Except for the tech bubble bursting in 2000/2001, there have been no major economic downturns since ‘82. Nobody my age is old enough to remember Stagflation, the Misery Index, 21% interest rates, etc. We’re the spoiled offspring of the spoiled Boomer generation.